Associations to the word «Capitalism»

Wiktionary

CAPITALISM, noun. (politics) (uncountable) 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.
CAPITALISM, noun. (economics) (uncountable) a socio-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.
CAPITALISM, noun. (countable) a specific variation or implementation of either such socio-economic system.

Dictionary definition

CAPITALISM, noun. An economic system based on private ownership of capital.

Wise words

To use the same words is not a sufficient guarantee of understanding; one must use the same words for the same genus of inward experience; ultimately one must have one's experiences in common.
Friedrich Nietzsche