View synonyms for capitalism

capitalism

[ kap-i-tl-iz-uhm ]

Phonetic (Standard)IPA

noun

an economic system in which investment in and ownership of the means of production, distribution, and exchange of wealth is made and maintained chiefly by private individuals or corporations, especially as contrasted to cooperatively or state-owned means of wealth.

capitalism

/ ˈkæpɪtəˌlɪzəm /

Also calledfree enterpriseprivate enterprise an economic system based on the private ownership of the means of production, distribution, and exchange, characterized by the freedom of capitalists to operate or manage their property for profit in competitive conditions Compare socialism

capitalism

An economic and political system characterized by a free market for goods and services and private control of production and consumption. ( Compare socialism and communism .)

First recorded in 1850–55; capital ¹ + -ism

Neither Smith nor Marx can carry us far into the guts of globalized financial capitalism.

He expected European capitalism to evolve spontaneously into a market socialism of worker-owned cooperatives.

Democrats need to respond aggressively to the crony capitalism practiced by many Republicans, particularly regarding Wall Street.

By the implicit laws of capitalism, I'm pretty sure this makes Bieber the new commander in chief.

The book rejects capitalism, market mechanisms, and even, seemingly, profit motives and corporate governance.

He has been doing it all his life: making an example of social victims, the victims of his own class, of capitalism.

I had attempted the life of a great magnate; in him capitalism felt itself attacked.

And step by step, as the processes of capitalism culminated, this war increased in bitterness and intensity.

It is apparently forgotten that capitalism ruled by hereditary power.

In Russia and China, there was the frenzied resistance to capitalism.

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