Capitalism is an economic system in which corporations maintain production, investment, distribution, and exchange of wealth or state owned wealth. Capitalism is an economic system based on private ownership, a person is free to do what they want with their money, they can control the economy the way they want to, this practice is used a lot in America. Capitalism is the best way to run a country and it has strong bases to work from. This shows that if one part of the economy brakes down, the market would be able to solve the problem, with all of the businesses in that area. Many countries have tried to use communism and have failed trying, even china isn't following communism. They are using a completely different perspective of communism. The western world has accepted capitalism. Capitalism is the best way to run a country because it’s much more organized and would have much harder working people and a better economy, than a communist country would.