What does capitalism mean?

Definitions for capitalism
ˈkæp ɪ tlˌɪz əmcap·i·tal·ism

This dictionary definitions page includes all the possible meanings, example usage and translations of the word capitalism.

Princeton's WordNet

  1. capitalism, capitalist economynoun

    an economic system based on private ownership of capital

GCIDE

  1. capitalismnoun

    An economic system based on predominantly private (individual or corporate) investment in and ownership of the means of production, distribution, and exchange of goods and wealth; contrasted with socialism or especially communism, in which the state has the predominant role in the economy.

Wiktionary

  1. capitalismnoun

    a socio-economic system based on private property rights, including the private ownership of resources or capital, with economic decisions made largely through the operation of a market unregulated by the state.

  2. capitalismnoun

    a socio-economic system based on the abstraction of resources into the form of privately-owned capital, with economic decisions made largely through the operation of a market unregulated by the state.

  3. capitalismnoun

    a specific variation or implementation of either such socio-economic system.

  4. Etymology: From capitalisme. First used in English by novelist William Thackeray in 1854.

Wikipedia

  1. Capitalism

    Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private property, property rights recognition, voluntary exchange, and wage labor. In a market economy, decision-making and investments are determined by owners of wealth, property, or ability to maneuver capital or production ability in capital and financial markets—whereas prices and the distribution of goods and services are mainly determined by competition in goods and services markets.Economists, historians, political economists and sociologists have adopted different perspectives in their analyses of capitalism and have recognized various forms of it in practice. These include laissez-faire or free-market capitalism, anarcho-capitalism, state capitalism and welfare capitalism. Different forms of capitalism feature varying degrees of free markets, public ownership, obstacles to free competition and state-sanctioned social policies. The degree of competition in markets and the role of intervention and regulation as well as the scope of state ownership vary across different models of capitalism. The extent to which different markets are free and the rules defining private property are matters of politics and policy. Most of the existing capitalist economies are mixed economies that combine elements of free markets with state intervention and in some cases economic planning.Market economies have existed under many forms of government and in many different times, places and cultures. Modern capitalist societies developed in Western Europe in a process that led to the Industrial Revolution. Capitalist systems with varying degrees of direct government intervention have since become dominant in the Western world and continue to spread. Economic growth is a characteristic tendency of capitalist economies.

ChatGPT

  1. capitalism

    Capitalism is an economic system characterized by private ownership of means of production, goods and services; their operation for profit; and the competition in a free market. The system allows individuals, rather than the state or government, to make decisions about investment, production, and distribution based on supply and demand, with the intention of generating wealth. The accumulation of capital and wealth by private individuals or corporations is a key aspect of capitalism.

Wikidata

  1. Capitalism

    Capitalism is an economic system based on the private ownership of the means of production, with the goal of making a profit. Central elements of capitalism include capital accumulation, competitive markets, and a price system. There are, however, multiple variants of capitalism, including laissez-faire, welfare capitalism, and state capitalism. Capitalism is considered to have been applied in a variety of historical cases, varying in time, geography, politics, and culture. There is general agreement that capitalism became dominant in the Western world following the demise of feudalism. Economists, political economists, and historians have taken different perspectives in their analysis of capitalism. Laissez-faire economists emphasize the degree to which government does not have control over markets and the importance of property rights. Others emphasize the need for government regulation, to prevent monopolies and to soften the effects of the boom and bust cycle. Most political economists emphasize private property as well, in addition to power relations, wage labor, class, and the uniqueness of capitalism as a historical formation. The extent to which different markets are free, as well as the rules defining private property, is a matter of politics and policy. Many states have what are termed mixed economies, referring to the varying degree of planned and market-driven elements in an economic system.

U.S. National Library of Medicine

  1. Capitalism

    A political and economic system characterized by individual rights, by private or corporate ownership of capital goods, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market. (From Merriam-Webster's Collegiate Dictionary, 10th ed)

British National Corpus

  1. Spoken Corpus Frequency

    Rank popularity for the word 'capitalism' in Spoken Corpus Frequency: #4527

  2. Nouns Frequency

    Rank popularity for the word 'capitalism' in Nouns Frequency: #1887

How to pronounce capitalism?

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Numerology

  1. Chaldean Numerology

    The numerical value of capitalism in Chaldean Numerology is: 2

  2. Pythagorean Numerology

    The numerical value of capitalism in Pythagorean Numerology is: 4

Examples of capitalism in a Sentence

  1. Kristian Niemietz:

    A lot of socialists … believe that capitalism and racism are intrinsically linked... This is complete nonsense, racism has existed long, long before the advent of modern capitalism, and it existed in socialist societies as well. If anything, capitalism tends to reduce racial prejudice over time, because … we trade peacefully with a variety of people from a variety of backgrounds.

  2. John Kenneth Galbraith:

    In the usual (though certainly not in every) public decision on economic policy, the choice is between courses that are almost equally good or equally bad. It is the narrowest decisions that are most ardently debated. If the world is lucky enough to enjoy peace, it may even one day make the discovery, to the horror of doctrinaire free-enterprisers and doctrinaire planners alike, that what is called capitalism and what is called socialism are both capable of working quite well.

  3. John Hickenlooper:

    I have great respect for Sen. Bernie Sanders, but I fundamentally disagree that we should do away with the democratic, regulated capitalism that has guided this country for over 200 years.

  4. Oswald Spengler:

    Socialism is nothing but the capitalism of the lower classes.

  5. Michael Moore:

    I think capitalism, without free market capitalism, countries don't get rich, and so I would rather have a country that's based on, you know, a free enterprise system of property rights and free exchange of free trade of low tax rates, than a country that state, there are a lot of democracies --.

Popularity rank by frequency of use

capitalism#10000#12271#100000

Translations for capitalism

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"capitalism." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/capitalism>.

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    one whose prevailing mental imagery takes the form of inner feelings of action
    A tenebrous
    B motile
    C tantamount
    D bonzer

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