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noun

capitalism

KAPIHT-lihzm
noun
1
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.
"Under capitalism, competition between companies is meant to drive down prices."
"The debate over capitalism versus socialism has shaped politics for over a century."

How to Use Capitalism

Learner’s notes

In plain EnglishAn economic system based on private ownership and profit, rather than state control.

Common pairings
free-market capitalism critique of capitalism

Word Forms

capitalisms plural

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Under _____, competition between companies is meant to drive down prices.

Etymology

From French capitalisme, built from "capital" plus "-ism." First used in English by novelist William Thackeray in the 1850s.

Rhymes for capitalism

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Definitions: FreeDict original editorial