Capitalism, on the other hand, is an economic system based on capital. That's all it is. It depends largely on the market context in which that capital is employed. In a free market, (meaning free from government intervention) capitalism is completely decentralized.
Excellent answer and references!
One thing I've often thought about regarding capitalism is: Where did the capital come from in the first place? Intuitively, I'd say that it's derived from resources combined with creativity and labor. Taking this one step further, where did the resources come from. My answer to this is the earth.
The place that I inevitably end up while going through this exercise is: violence. At some point in the past, someone (or a group or nation) decided to take what they wanted through force. The entire planet has been divided up into "capital" through this process.
How do we go forward from here? Can we just ignore the violence that has and is taking place? I'd like to hear your thoughts on this. Thank you.