While the concept as capitalism didn't exist, there are certainly many facets of the ancient economy that are facets of capitalism.
Most of the economy was privately held, just certain facets of modern capitalism like corporations didn't exist.
So, while you are technically true, you know exactly what they are talking about. We can't 100% relate, but issues like laborers getting a fair wage and the rich exploiting the poor were just as relevant then as now.
While the concept as capitalism didn't exist, there are certainly many facets of the ancient economy that are facets of capitalism.
Most of the economy was privately held, just certain facets of modern capitalism like corporations didn't exist.
So, while you are technically true, you know exactly what they are talking about. We can't 100% relate, but issues like laborers getting a fair wage and the rich exploiting the poor were just as relevant then as now.