What actually makes America more capitalist than countries like Australia or Western Europe?
I think I understand how America is less socialist than many other developed countries , things like no universal healthcare, weaker welfare systems, more expensive education etc
But what I genuinely want to understand is: what makes countries like Australia or in Western Europe any less capitalist than America in practical terms? They still have private businesses, corporations, wealthy people, stock markets and competition. So what are the real-life differences that make people say America is “more capitalist”?