Capital is defined as the “means of production.”
All systems of governance support the means of production
(manufacturing, farming, utilities, etc). Therefore, all governments are
essentially capitalist. The difference is, ownership of the capital.
In free market systems the capital is privately owned. On the
other end of the spectrum, communism owns all of the capital and they also
include people as capital. Therefore, under communism the people are in bondage
(“enslave”) to the government.
A mixed of both, but socialism is the less evil of the two. If you want to understand how capitalism works just follow where your diamond wedding ring came from. Follow your clothes. Follow the lumber from which your house was built. Plenty of places around the world with depressed economies and poor living conditions. All given up to support our beautiful capitalism and the high living standard inside our soil. Who cares about the people outside that make it all happen? As a beneficiary of such a thing, how can I possibly say it's bad? But it's ignorant to not realize the reality of the systems that we live in. And it's unfair to the millions of people across the world making it happen for us. Just want to make that point across.
As for socialism somehow stopping people from being driven into accomplishing greatness or striving for success as I hear so often, I'm sure our Scandinavian friends would like a word on that.