Definition of capitalism in English:
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.
- 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.
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 Canada
Most popular in Australia
Most popular in Malaysia
Most popular in Pakistan