capitalism

[ kap-i-tl-iz-uhm ]

noun

1. an economic system in which investment in and ownership of the means of production, distribution, and exchange of wealth is made and maintained chiefly by private individuals or corporations, especially as contrasted to cooperatively or state-owned means of wealth.

capitalism

/ ˈkæpɪtəˌlɪzəm /

noun

1. Also calledfree enterpriseprivate enterprise an economic system based on the private ownership of the means of production, distribution, and exchange, characterized by the freedom of capitalists to operate or manage their property for profit in competitive conditions Compare socialism

capitalism

1. An economic and political system characterized by a free market for goods and services and private control of production and consumption. ( Compare socialism and communism .)

Other Words From

• anti·capi·tal·ism noun
• pro·capi·tal·ism noun

Word History and Origins

Origin of capitalism¹

First recorded in 1850–55; capital ¹ + -ism

Example Sentences

But also, how that music was muffled by lethal instruments of capitalism and control, still a factor on the global stage.

From Los Angeles Times

To fully understand them would mean wrestling with the effects of capitalism, white supremacy and misogyny.

From Salon

Abbasi is addressing “capitalism, truth and justice,” but he is emphasizing how lurid the American Dream is.

From Salon

Such is free association in the age of late capitalism.

From Los Angeles Times

Washington wanted to force the island to reject Castro's socialist policies and embrace capitalism and democracy.

From BBC