Synopsis of the Dominant View of Capitalism

DICTIONARY.COM
cap⋅i⋅tal⋅ism 
–noun
an economic system in which investment in and ownership of the means of production, distribution, and exchange of wealth is made and maintained chiefly by private individuals or corporations, esp. as contrasted to cooperatively or state-owned means of wealth.

ANDY SNYDER
"An economic system in which the overflowing majority toil for the profit of the tiny majority 'we work, they profit' 'takes money to make money'"

OFFICIAL
And economic system in which goods and services are produced and comsumed and distributed through the mechanism of free markets based deeply on the right to private property and profit motive.

I did not have a strong grasp of what exactly capitalism is based on your definition and the official definition so I searched it up on dictionary.com and that is the definition I got. According to the definitions provided, I concluded that capitalism is the buy and sell of products owned by private companies but also fexible in the free market. Capitalism is basically the right to buy and sell stuff through felxible prices in the free markets but the product itself is part of a private company. Many people like capitalism because lower class people are able to afford things more easily and higher class people just get more money. Everyone is happy because everyone is content with the way that their lives are going. The rich are happy that they do not need to pay extra taxes to help the poor and the poor are happy that they are able to provide themselves and their families with the neccessary needs of everyday life. While the rich people are more inclined to spend their extra money on boats and country houses, the lower class people are more than happy to have prices lower so they are actually able to buy the products needed. They do not care they the products they are buying are benfitting the rich people of the privat companies, all they care about is getting what they need. I agree with the ways of capitalism because from my point of view everyone is happy and able to benefit from it. Many people do not like capitalism, usually the lower class, because they are not happy with the idea that the rich are getting richer and the prices are only getting lower as if it was pity for the poor. They are usually people who are too bitter to realize and celebrate other people's happiness.