>>>Just because it got its name in the 18th century
>>>doesn't mean that it didn't exist before.

>The word "Capitalism" wasn't invented in the 18th century.

These two statements were uttered by your oh-so-knowledgeable ass. You may have knowledge, but you lack memory, homey.

For the record, from Merriam-Webster:

Main Entry: cap·i·tal·ism
Pronunciation: 'ka-p&-t&l-"iz-&m, 'kap-t&l-, British also k&-'pi-t&l-
Function: noun
Date: 1877
: an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market

Don't weep, my nerdish friend, you were kinda right the second time. The word capitalism wasn't invented in the 18th century, but in the 19th. After two guys named Marx and Engels wrote a book that identified what it was.

Also, mercantilism isn't about "the private or corporate ownership of capital goods", dude.

>You probably do not even know what "caput, capitis"
>or "capitalis, e" mean, but that's a different topic.
>

Yeah, right. Like, you're the only guy in the world who took latin courses. Spare me, please.