Definition of monopoly capitalism in English:
noun[mass noun] Economics
A capitalist system typified by trade monopolies in the hands of a few people.
- He further argues that, as monopoly capitalism displaced competitive capitalism, hegemonic regimes replaced earlier despotism in the workplace.
- They are critical to explaining its historic inability to fulfill its own aims and create a ‘middle way’ between socialism and monopoly capitalism.
- The objective historical necessity for socialist revolution arose not simply from the fact that imperialism and monopoly capitalism inevitably gave rise to world wars.
Definition of monopoly capitalism in:
- US English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Australia
Most popular in India
Most popular in Pakistan