Capitalism

ahd-5
  • noun. An economic system in which the means of production and distribution are privately or corporately owned and development occurs through the accumulation and reinvestment of profits gained in a free market.
  • The Century Dictionary and Cyclopedia
  • noun. The state of having capital or property; possession of capital.
  • noun. The concentration or massing of capital in the hands of a few; also, the power or influence of large or combined capital.
  • the GNU version of the Collaborative International Dictionary of English
  • noun. 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, Creative Commons Attribution/Share-Alike License
  • noun. 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.
  • noun. 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.
  • noun. a specific variation or implementation of either such socio-economic system.
  • WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
  • noun. an economic system based on private ownership of capital
  • Word Usage
    "He told them never to use the word "capitalism" -- it has now been made a dirty word by the Occupy movement, he said."
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