Definitions
capitalism Tweet Definition of capitalism Like Definition of capitalism on Facebook
noun 
  1. (context, politics, uncountable) 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 free market rather than by state control.
  2. (context, economics, uncountable) a socio-economic system based on the abstraction of resources into the form of capital, whether privately or state owned and regulated.
  3. (countable) a specific variation or implementation of either such socio-economic system
Etymology: From the (term, capitalis) via the English root (term, capital)


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