> Capitalism requires an unregulated free market based economy.
No, it doesn't; at best, laissez faire capitalism requires an unregulated free market, but even then allowances are made towards regulation to protect property rights. Capitalism isn't solely determined by a lack of regulation.
I started going through each point you've made, but it's not worth it. You're simply too wrong to bother.
Start by looking up the difference in meaning between 'capitalism' and 'mixed economy.' The former is a description of an idealized economy that hasn't ever truly existed, while the latter is a description of how an economy is actually organized. In fact, a mixed economy is considered a form of capitalism (it's not one or the other). "The common features among all the different forms of capitalism is that they are based on the production of goods and services for profit, predominately market-based allocation of resources, and they are structured upon the accumulation of capital."
No, it doesn't; at best, laissez faire capitalism requires an unregulated free market, but even then allowances are made towards regulation to protect property rights. Capitalism isn't solely determined by a lack of regulation.
I started going through each point you've made, but it's not worth it. You're simply too wrong to bother.
Start by looking up the difference in meaning between 'capitalism' and 'mixed economy.' The former is a description of an idealized economy that hasn't ever truly existed, while the latter is a description of how an economy is actually organized. In fact, a mixed economy is considered a form of capitalism (it's not one or the other). "The common features among all the different forms of capitalism is that they are based on the production of goods and services for profit, predominately market-based allocation of resources, and they are structured upon the accumulation of capital."