Definition of capitalism noun from the Oxford Advanced Learner's Dictionary

 

capitalism

 noun
noun
BrE BrE//ˈkæpɪtəlɪzəm//
 
; NAmE NAmE//ˈkæpɪtəlɪzəm//
 
[uncountable] Economy, Political views and systems
 
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an economic system in which a country’s businesses and industry are controlled and run for profit by private owners rather than by the government the growth of industrial capitalism in the West compare socialism Wordfindercapitalism, communism, democracy, dictatorship, fascism, imperialism, liberal, radical, socialism, system See related entries: Economy, Political views and systemsExtra examples He predicted the fall of world capitalism. He was one of the leading advocates of laissez-faire capitalism. She deplored unbridled capitalism as much as communism. a protest against global capitalism a study of the development of agriculture under capitalism
See the Oxford Advanced American Dictionary entry: capitalism

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