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capitalism

Line breaks: cap¦it¦al|ism
Pronunciation: /ˈkapɪt(ə)lɪz(ə)m
 
/

Definition of capitalism in English:

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
More 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
private enterprise, free enterprise, private ownership, privatized industries, the free market, individualism;

Definition of capitalism in:

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