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. Irving Kristol:

    The enemy of liberal capitalism today is not so much socialism as nihilism.

  2. Peter Turkson:

    He is not making some political comment about the relative merits of capitalism and communism. He is rather restating ancient biblical teaching, he is pointing to the ominous signs in nature that suggest that humanity may now have tilled too much and kept too little.

  3. Mario Cuomo:

    We work harder and we earn less. Income inequality is at the highest point in over a century. While American capitalism never guaranteed success, it did guarantee opportunity, for too many, the dream of economic mobility has been replaced with a nightmare of economic stagnation.

  4. Jo M. Sekimonyo:

    Socialism and Communism have failed, but now Capitalism is failing us.”

  5. Michael Moore:

    Capitalism is a lot more important than democracy, i'm not even a big believer in democracy. I always say that democracy can be two wolves and a sheep deciding on what to have for dinner. Look, I'm in favor of people having the right to vote and things like that. But there are a lot of countries that have the right to vote that are still poor. Democracy doesn't always lead to a good economy or even a good political system.

Popularity rank by frequency of use

capitalism#10000#12271#100000

Translations for capitalism

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"capitalism." Definitions.net. STANDS4 LLC, 2024. Web. 13 Jul 2024. <https://www.definitions.net/definition/capitalism>.

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    directed outward; marked by interest in others or concerned with external reality
    A proprietary
    B foreordained
    C elusive
    D extroversive

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