Using money to buy commodities is a currency system. (As opposed to a barter system, where commodites are directly exchanged for other commodities.)

Capitalism is where there is an ownership class and a labor class, and the ownership class operates businesses for profit. The profit which flows to these owners comes from value which labor adds and is not compensated for; that compensation is diverted to the owners, who receive a (much) greater amount of compensation than the value they add.

Otherwise related, when the currency is not backed by a commodity (most commonly a rare metal like gold), that's fiat money. It's value is affected by the faith in the government which supplies it, as well as the total supply of said currency. When the price of products and services is determined by consumer demand, that's a free market economy.

Capitalism is so good. Would you rather be insert nation exploited by capitalists?

Buying goods is not even slightly the same thing as investing in the business selling them, of course.

I'm gonna assume you realized how dumb that claim was just after posting it, and I'd just like to say I appreciate your integrity for removing your default self-upvote.

Ah, yes, the good old sumerian capitalists buying bronze ore then complaining by clay tablets to their suppliers that quality has gone to shit because of how capitalist they are.

Traditionally, the term "capitalist" means "person with capital" in contrast to workers who only have their workforce to sell. The term "capitalism" is a later development linguistically.

If you have been to other countries, you saw what the capitalist world systems does. It's not that some countries are capitalist and others are not, it's that some are exploiting others in the capitalist world system. That you can buy the newest iphone means that someone made it.

I say we have it pretty damn good to be part of a capitalist society

This community is for posting anti-capitalist memes

They are a supporter of capitalism but in the terminology of socialist critique they are not a capitalist, as in a member of the capitalist class who owns the capital and therefore does not need to use their labor to earn money. This is in contrast to the proletariat or worker class who must use their labor to earn a living.

Many people in the world are impoverished, but what causes that? Was that caused by the lack of capitalism there? I assure you most people in poverty in the world are living under a capitalist system.

One factor in the impoverishment of the global South is due to people manipulating markets because of their ownership of the means of production. They are able to shift manufacturing to where they can get the most profit, while governments benefit from their business at the detriment of their citizens who are pushed into poverty by the corporations and governments who reduce regulations to benefit the capitalist class.