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Aura7541 said:

Remember when I said that the term was coined by a Muslim and you said you didn't care? Perhaps you should read the second paragraph of the same page.

WolfpackN64 said:

That is ideal in an early stage of capitalism, but capitalism inevitably leads to monopoly and concentration of wealth, in which case your meritocracy has largely ceased to exist.

Which type of capitalism? You're only naming one type of capitalism as it is possible to run on a capitalist system with government oversight and regulation. Your post is ultimately an over-generalization.

To begin, the term is not coined by a muslim, but by an atheist to set your record straight.

What type of capitalism? All, unless regulation is there to halt it.