Meaning of “capitalism” in the English Dictionary

"capitalism" in British English

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capitalismnoun [ U ]

uk /ˈkæp.ɪ.təl.ɪ.zəm/ us /ˈkæp.ə.t̬əl.ɪ.zəm/

Examples

  • Tony Blair claims that New Labour is the Third Way between capitalism and socialism.
  • The paper showed a picture of homeless people sleeping on the streets with the caption underneath 'the unacceptable face of capitalism'.
  • She spoke with passion against the evils of capitalism.
  • With capitalism, people are motivated by the idea of personal profit and success.
  • He is fiercely left-wing and always protesting about the dire effects of capitalism and globalization.

(Definition of “capitalism” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"capitalism" in American English

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capitalismnoun [ U ]

us /ˈkæp·ɪ·t̬əlˌɪz·əm/

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 us /ˈkæp·ɪ·t̬əl·ɪst/ also capitalistic, /ˌkæp·ɪ·t̬əlˈɪs·tɪk/

The US has a capitalist economy.
capitalist
noun [ C ] us /ˈkæp·ɪ·t̬əl·ɪst/

Anyone can be a capitalist.

(Definition of “capitalism” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"capitalism" in Business English

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capitalismnoun [ U ]

uk /ˈkæpɪtəlɪzəm/ us

ECONOMICS, POLITICS the economic, political, and social system that is based on property, business, and industry being privately owned, and is directed towards making the greatest possible profits for private people and organizations:

Under capitalism, people are motivated by the idea of personal profit and success.
The treaty was an attempt to strike a balance between free-market capitalism and the protection of the global environment.

(Definition of “capitalism” from the Cambridge Business English Dictionary © Cambridge University Press)