an economic system based on private ownership of property and businesses, and on voluntary exchange in a competitive environment — with the belief that voluntary exchanges harness inborn self-interest in millions of decisions that benefit society
The crowd shouted, "Tin soldiers," and "Dirty dogs—servants of the capitalists!" but the militiamen grinned and answered only, "Sure, that's right.
Chapter 27 (49% in)
There are no more uses of "capitalism" in Babbitt.