Capitalism: The evil that's vital to economy

Looking at the title of the book Understanding Capitalism - Competition, Command and Change, what immediately comes to my mind is whether Chinese experts have ever exhaustively researched what this term as an economic system is exactly about.

I doubt that the Chinese people in the nearly three decades before 1978 really made an effort to research capitalism although it had been used as a label of all things bad and considered as the source of all evils.

Our attitude toward capitalism has been ambiguous in more than three decades after the economic reform and opening up policies were adopted in 1978. No matter how many capitalist elements have found their way into the market economy, Chinese people have never called its economy capitalism. They have instead called it a market economy to make it distinct from the nation's planned economy in the decades before 1978.