She’s not wrong

Speak for yourself - I have no debt. I'm a business owner, I own my land, my house, all of my cars... Nobody has claim to anything I own.

Except the government of course. You know, that organisation you pay all your taxes too. That land they lease to you, those cars you have insured.

Apart from that you own everything.

I have 2 cars that aren't insured, they're farm vehicles that never drive on public roads - and the government isn't coming to get them, they could care less.

I pay property taxes on agricultural land - so practically nothing. I could collect aluminum cans on the side of the freeway for a day and pay those taxes.

Amazing

But what happens to you should you fall on hard times? Could you afford medical bills? Could you survive without much money at all (not including charity aid)

You see in America money is God, and the further you are from God, the more your life becomes a living hell. I'm sure paying a little extra taxes for the greater good of humanity and improving the life of countless individuals by providing a safety net is a reasonable thing to ask. You could even receive the benefits of that system.

Or is an economy that outsources your income and industry better so that you can keep your extra 'freedoms'?

*And before you go off on one; No I'm not a filthy communist, left wing miscreant.

Capitalism, of course, being literally the investment of capital to give access to debt spending.

It. Is. In. The name. Capitalism is the system that centers around capital. Capital is the money you need to set up a business from scratch.

Capitalism is the systemic access to investment to cover the capital costs of setting up or expanding a business. Debt is inherent to capitalism by its very definition. It is in the name.

It's about building private capital, the name contains nothing about debt. Investment does not equal debt. I built my business without incurring debt. Every penny of profit is entirely that - profit.

If you're going to use the phrase "by definition" - you might want to check the definition.

No. Building up your own savings account is something people have always done. The innovation of the post-mercantilist world of the 17th and 18th century was to realize that investment and credit (I.e. debt) could mobilize more wealth in a nation than you EVER could sitting around waiting for people to save up money. For one thing, that mostly locks up a country's wealth just in people trying to buy their own houses; the only people who could start their own business ventures were really only the people who were rich already, making business a strictly aristocratic insider's club. And that wasn't cutting it anymore.

Capitalism's innovation was to link people to investors and lines of credit SO THAT THEY DIDN'T HAVE TO BE LIKE YOU to get their business started. Debt is inherent to capitalism.

And that's your fundamental misunderstanding. You want to, no - you NEED to associate capital with debt, when the actual meaning of the word is closer to savings (the dictionary definition is actually "accumulated assets").

I assume that you've accumulated a massive amount of debt, and want - no, NEED to blame it on someone or something else.

No. Capital is the starting costs of your business - your savings account goes right at the end of the process, it's not the starting setup costs. Capitalism is the systemic investment of capital across the economy. Investment of capital is an act of lending, and in order to have lending, you have you have someone to lend it to and therefore debt is inherent to the process.

There is no misunderstanding here, you just didn't know what the word actually meant. You've been using it fanatically your entire life AND YOU NEVER ACTUALLY THOUGHT YOU LOOK INTO WHAT IT MEANT. It's profoundly amazing.

you would have to dumb it down for him to understand

A Start your own business for dummies for dummies book? There's a new market

Do you not own a dictionary? Capital has nothing to do with debt. It can be used as collateral to secure debt, but it is not a vehicle for debt - it is LITERALLY the opposite of debt.

REEE!!!

Don't worry. Any meme critical of social class that features moonbat Mark Hamill is full of crap.

I'm not bothered by the incoherent ramblings of basement dwellers.

Ha ha ha ha ha…

(Deep Breath)

…ha ha ha ha ha!

Sorry, we have to burst your avant garde economics theory you picked up in college from your overpaid Marxist tenured professors...
But if you have an IRA, 401k, 403b or other retirement plan, you are in fact a capitalist.
I know this might not curry favor with the smelly Antifa cosplay idiots poaching free internet access down at Starbucks, but that's a fact.

You are a capitalist in a minority stockholder position, but a capitalist nonetheless.