It’s a great analysis of labels, and thanks for bringing that to our attention. I don’t like labels personally, and although I write privately about capitalism, I haven’t published yet. The issue for me is that the term is so vague and abused that it is bantered about with the terms socialism and communism and I find like I’m looking into a washing machine watching clothes tumble about than engaging in a meaningful discussion. Ideological labels are meant to be undefined or poorly defined so they can be used for those seeking or maintaining power in any society. They a,out to little more than name calling. There is no system of government in the modern world without money—centralized monetary policy and creation of money controlled by a autocratic or democratic government. North Korea, Burundi, Uruguay, Brunei, all established countries have a system of money in exchange for goods and services. Often there is no definition of the word and no concrete examples for analysis I find, and the discussion becomes abstract banter.

Class is a bit different for me, and class clearly exists with deep divisions among rich and poor in all countries. In the “major” countries like China, America, Russia, the divisions are ludicrously large to an immoral degree. But all countries have super deep divisions, even Denmark and Japan held up as examples where “almost” everyone is on the same level has extremely rich billionaires who just keep out of view more than Elon Musk and Crown Prince bin Salam of Saudi Arabia with his $400 million dollar yacht off the coast of Monaco and $500 million dollar custom built palace next to Versailles in France. What can be done though and when will the poor react and fight against these vastly unfair distribution systems of wealth? I’m not sure yet and still processing. We should at a minimum not have abject poverty in America and have a basic level of human decency like in a Denmark, which we can certainly afford.