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Much of Marx's description of capitalism — his use of the words 'embezzlement', 'robbery' and 'exploitation' — belie the official account.
But even Gore's description of capitalism as the only economic system that works sounded incredibly outdated to those of us who weren't millionaire media moguls or TV personalities.
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The laudatory descriptions of capitalism contained in the drafts of "Atlas Shrugged" struck the young Greenspan as inspired.
This is the best description of monopoly capitalism.
Ferguson's description of nineteenth-century capitalism as an "authentically Darwinian system" would have the backing of neither Darwin nor any modern Darwinian.
He believed, too, that "the passion for destruction is also a creative urge," which was not a description of the regenerative workings of capitalism but a call to the barricades.
A knowledge of John Kenneth Galbraith's description of a social imbalance in capitalism's neglect of things we all consume, be it streets, lampposts or even the quality of our air could arm leaders with a knowledge of what exactly we need to invest in, without seeing an immediate profit.
Like Marx he was concerned with developing a dynamic theory of the evolution of capitalism, rather than an exact description of the workings of a socialist state.
Sure, it's a crass, made up holiday created with the sole purpose of fueling the cold, heartless engine of capitalism — but doesn't that description apply to most holidays?
Thus, The Wealth of Nations offered the first precise description of both the dynamics and the coordinative processes of capitalism.
"Socialism with Chinese characteristics" is the official description of the unique blend of state capitalism and one-Party politics that China practices.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com