capitalism

[kap-i-tl-iz-uhm]

noun

1. 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 /

noun

1. Also called: free enterprise.  private 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

1. 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.)

Other Word Forms

• anticapitalism noun
• procapitalism noun

Word History and Origins

Origin of capitalism¹

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

Example Sentences

None of us is exempt from being pushed to our limits by capitalism’s heartlessness.

From Salon

“The Long Heat” details what might occur if capitalism based on fossil fuels cannot be overturned, in three sections with bleak views on adaptation, emissions and geo-engineering.

From Los Angeles Times

King’s critiques of capitalism, militarism and structural racism are often downplayed in most mainstream remembrances, leaving behind a softer image of peaceful dreamer.

From Salon

“Who knew that rich white men would be the canary in the coal mine of American capitalism?”

From Salon

Charlie Chaplin’s satire of capitalism and authoritarianism in films including “Modern Times” and “The Great Dictator,” alongside his outspoken politics and alleged communist ties, drew FBI surveillance.

From Los Angeles Times