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


casino capitalism

BrE BrE//kəˌsiːnəʊ ˈkæpɪtəlɪzəm//
; NAmE NAmE//kəˌsiːnoʊ ˈkæpɪtəlɪzəm//
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an economic system in which private businesses, especially banks, risk large amounts of money on investments, shares, etc. Casino capitalism in the country was driven by the desire among investors to make money fast.