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English definition of “capitalism”

capitalism

noun [U]  /ˈkæp·ɪ·t̬əlˌɪz·əm/ us  
politics & government an economic system based on private ownership of property and business, with the goal of making the greatest possible profits for the owners
capitalist
adjective  /ˈkæp·ɪ·t̬əl·ɪst/ (also capitalistic,  /ˌkæp·ɪ·t̬əlˈɪs·tɪk/) us  
The US has a capitalist economy.
capitalist
noun [C]  /ˈkæp·ɪ·t̬əl·ɪst/ us  
Anyone can be a capitalist.
(Definition of capitalism from the Cambridge Academic Content Dictionary © Cambridge University Press)
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