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κεφαλαιοκρατία — meaning in English

kefalaiokratia

Greek → English · translate English → Greek instead

English meaning

  • capitalism noun An economic system in which businesses and resources are privately owned and run for profit, with prices largely set by supply and demand rather than the state.

Senses

κεφαλαιοκρατία is used for these senses in English:

  • capitalism (politics, economic liberalism) 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.
  • capitalism (economics, economic liberalism) An 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.

Related Greek words