It seems to me that Von Mises' definition proves my point - 'capitalism is an economic system defined by a particular set of institutions' Some of these institutions have only been around for 2-300 years, and they did not exist under Feudalism.

We seem to have a fundamentally different approach to where wealth comes from - I would encourage you to read Kropotkin's 'Our Riches' if you'd like to understand a different view - peacefulrevolutionary.s…

I don't consider Sowell or Von Mises a serious economist, nor do most economists. They are right-wing philosophers, and I disagree with the basic assumptions of their philosophies. Maybe I'll do a review of 'Basic Economics' one of these days, although others economist don't seem to take it seriously - reddit.com/r/AskEconomi…