Definition of CAPITALISM

capitalism

Meanings

Plural: capitalisms

Noun

  • an economic system based on private ownership of capital
  • A socio-economic system based on private ownership of resources or capital.
  • An economic system based on private ownership of the means of production and their operation for profit.
  • 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 market unregulated by the state.
  • An economic system based on the abstraction of resources into the form of privately owned capital, with economic decisions made largely through the operation of a market unregulated by the state.

Origin / Etymology

Borrowed from French capitalisme (“the condition of one who is rich”); equivalent to capital + -ism. Derived from Proto-Indo-European *káput (“head”), ultimately from Proto-Indo-European *kap-. First used in English by novelist William Thackeray in The Newcomes [1854-1855].

Synonyms

capitalist economy

Antonyms

socialism

Scrabble Score: 16

capitalism is a valid Scrabble (US) TWL word
capitalism is a valid Scrabble Word in Merriam-Webster MW Dictionary
capitalism is a valid Scrabble Word in International Collins CSW Dictionary

Words With Friends Score: 20

capitalism is a valid Words With Friends word