Definition of capitalism in English:

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capitalism

Pronunciation: /ˈkapədlˌizəm/

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.
Example sentences
  • Lenin says we have to confront capitalism at a political, not just an economic, level.
  • Marx argued that capitalism could not be patched up to make it a fair system.
  • Under capitalism all profit is ultimately the result of the exploitation of the workers.
Synonyms
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