Definition of capitalism in English:

capitalism

noun

  • [mass noun] An economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.

    ‘an era of free-market capitalism’
    ‘private ownership is a key feature of capitalism’
    • ‘This is the basic economic pattern of patriarchy, which is a different thing to capitalism.’
    • ‘They saw it as a chance to create a third force between capitalism and Communism.’
    • ‘Where the motive for charity is altruism, and the motive for capitalism is profit?’
    • ‘Nor can we be said to have pure capitalism anymore than the Soviets had pure communism.’
    • ‘The capitalists are seeking to integrate Europe in order to strengthen capitalism.’
    • ‘Workers have always moved around the world, from the birth of industrial capitalism.’
    • ‘Opinion is divided on how to date both capitalism and the industrial revolution.’
    • ‘Under capitalism all profit is ultimately the result of the exploitation of the workers.’
    • ‘Lenin says we have to confront capitalism at a political, not just an economic, level.’
    • ‘But what matters for capitalism is not just the level of profit but the rate of profit.’
    • ‘At the heart of capitalism is an ongoing class struggle between capital and labour.’
    • ‘The two crises of capitalist globalization cannot be resolved within capitalism.’
    • ‘We could also look to another source, the father of modern capitalism, Adam Smith.’
    • ‘The only social group with the power and motivation to destroy capitalism is the working class.’
    • ‘Marx argued that capitalism could not be patched up to make it a fair system.’
    • ‘She advocates the control of the excesses of capitalism by regulation and government.’
    • ‘It's said that only the united power of industrial workers can crush capitalism.’
    • ‘Surely the spread of democratic capitalism can only benefit American prosperity?’
    • ‘With the advent of industrial capitalism most of this became a problem for the ruling class.’
    • ‘If socialism was not superior to capitalism, its existence could not be justified.’
    private enterprise, free enterprise, private ownership, privatized industries, the free market, individualism
    laissez-faire
    View synonyms

Pronunciation:

capitalism

/ˈkapɪt(ə)lɪz(ə)m/