| Library / English Dictionary |
CAPITALISM
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
An economic system based on private ownership of capital
Synonyms:
capitalism; capitalist economy
Classified under:
Nouns denoting groupings of people or objects
Hypernyms ("capitalism" is a kind of...):
free enterprise; laissez-faire economy; market economy; private enterprise (an economy that relies chiefly on market forces to allocate goods and resources and to determine prices)
Hyponyms (each of the following is a kind of "capitalism"):
venture capitalism (capitalism that invests in innovative enterprises (especially high technology) where the potential profits are large)
Antonym:
socialism (an economic system based on state ownership of capital)
Derivation:
capitalist (a conservative advocate of capitalism)
capitalistic (favoring or practicing capitalism)
capitalistic (of or relating to capitalism or capitalists)
