Owning the means of production = the workers owning their own tools, workplace and runnint their business themselves, democratically.A personal definition, eh.
Check every dictionary....it's about the people owning
the means of production. Authoritarianism is simply
what happens under socialism...a necessity to prevent
people from free economic association.
But if we get to define things as we want.....
Capitalism:
A system of constitutional democracy that stresses
individual liberties, both social & economic. It allows
regulation to protect people's rights, anti-competitive
conduct, & the environment.
Capitalism generates an owner class. It's stratified, and the workers' jobs, hours, working conditions, wages, &c, are controlled by the owner. When you have owners controlling the business and workers, you have potential authoritarians.
When you have a worker's co-op, who's the authority? It's a democracy.