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

capitalism

noun
 
/ˈkæpɪtəlɪzəm/
 
/ˈkæpɪtəlɪzəm/
[uncountable]
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  1. 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 see also crony capitalism
    Extra Examples
    • They 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
    Topics Moneyc1, Politicsc1
    Oxford Collocations Dictionaryadjective
    • advanced
    • contemporary
    • late
    verb + capitalism
    • destroy
    • overthrow
    • replace
    preposition
    • under capitalism
    phrases
    • the advance of capitalism
    • the rise of capitalism
    • the fall of capitalism
    See full entry
See capitalism in the Oxford Advanced American DictionarySee capitalism in the Oxford Learner's Dictionary of Academic English

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