capitalism

capitalism
Mode of socioeconomic organization in which a class of entrepreneurs and entrepreneurial institutions provide the capital with which businesses produce goods and services and employ workers. In return the capitalist extracts profits from the goods created. Capitalism is frequently seen as the embodiment of the market economy, and hence may result in the optimum distribution of scarce resources, with a resulting improvement for all; this optimism is countered by pointing to the opportunity for exploitation inherent in the system.

Philosophy dictionary. . 2011.

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  • Capitalism — capitalism …   Dictionary of sociology

  • capitalism — cap‧i‧tal‧is‧m [ˈkæptl ɪzm] noun [uncountable] ECONOMICS a system of production and trade based on property and wealth being owned by private business and ordinary people, rather than the state: • Sweden s middle way between communism and… …   Financial and business terms

  • capitalism — CAPITALÍSM s.n. Sistem politico economic care se întemeiază pe proprietatea privată asupra mijloacelor de producţie şi de schimb. – Din fr. capitalisme. Trimis de valeriu, 22.01.2007. Sursa: DEX 98  CAPITALISM MONOPOLÍST s. (EC. pol.)… …   Dicționar Român

  • capitalism — cap i*tal*is m (k[a^]p [i^]*tal*[i^]z m), n. An economic system based on predominantly private (individual or corporate) investment in and ownership of the means of production, distribution, and exchange of goods and wealth; contrasted with… …   The Collaborative International Dictionary of English

  • capitalism — n. An economic system in which the means of production and distribution are owned and controlled mostly by private individuals and businesses for profit, thus what is produced and the quantities thereof are determined by consumer demand and… …   Law dictionary

  • capitalism — 1854, condition of having capital; from CAPITAL (Cf. capital) + ISM (Cf. ism). Meaning political/economic system which encourages capitalists is recorded by 1877 …   Etymology dictionary

  • capitalism — [n] economic system of private ownership commercialism, competition, democracy, free enterprise, free market, industrialism, laissez faire economics, mercantilism, private enterprise; concepts 299,689,770 Ant. communism …   New thesaurus

  • capitalism — ► NOUN ▪ an economic and political system in which a country s trade and industry are controlled by private owners for profit, rather than by the state. DERIVATIVES capitalist noun & adjective capitalistic adjective …   English terms dictionary

  • capitalism — [kap′ət l iz΄əm] n. 1. an economic system in which all or most of the means of production and distribution, as land, factories, communications, and transportation systems, are privately owned and operated in a relatively competitive environment… …   English World dictionary

  • Capitalism — Liberal market economy redirects here. For the ideology behind this economic system, see Economic liberalism. Free enterprise redirects here. For the 1999 film, see Free Enterprise (film). For other uses, see Capitalism (disambiguation). Part of… …   Wikipedia

  • capitalism — A system of wage labour and commodity production for sale, exchange, and profit, rather than for the immediate need of the producers. Plentiful examples of capitalism in the pre modern era exist but, typically, capitalist exchanges were… …   Dictionary of sociology

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