Communism

I personally refuse to use the word "capitalism" as it was created by Marx and Engels though I don't make an issue of it with others. They were describing the only economic situation they knew which was the rough and tumble feudal-mercantile system of Europe in the 1800's. In no way a well regulated free market. I highly recommend the work of Ludwig Von Mises, the founder of Austrian School on Economics. He thoroughly and utterly destroys all of the theories of Marx.