capitalism
Pronunciation Noun
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Pronunciation Noun
capitalism
- (politics) A socio-economic system based on private ownership of resources or capital.
- (economics) An economic system based on private ownership of the means of production and their operation for profit.
- (politics, economic liberalism) A socio-economic system based on private property rights, including the private ownership of resources or capital, with economic decisions made largely through the operation of a market unregulated by the state.
- (economics, economic liberalism) An economic system based on the abstraction of resources into the form of privately owned capital, with economic decisions made largely through the operation of a market unregulated by the state.
- French: capitalisme
- German: Kapitalismus
- Italian: capitalismo
- Portuguese: capitalismo
- Russian: капитали́зм
- Spanish: capitalismo
This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.005