How does capitalism differ from statism?

Only capitalism declares that each and every man, may live his own life for his own happiness, as an end to himself, not by permission of others, but by right, and that government’s sole responsibility is to protect those rights, and never violate them, because they are inalienable.

  • Adam Smith

    No one calls themselves statists? Not once in all this conceptual malarky, did you bring up the most wretched part of capitalism. CLASS DIVISIONS.