capitalism
Definition from Wiktionary, the free dictionary
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English [edit]
Etymology [edit]
From French capitalisme (“the condition of one who is rich”). First used in English by novelist William Thackeray in 1854.
Noun [edit]
capitalism (countable and uncountable; plural capitalisms)
- (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.
- (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.
- (countable) a specific variation or implementation of either such socio-economic system.
Quotations [edit]
- 1855, William Makepeace Thackeray, The Newcomes: memoirs of a most respectable family, volume 2, page 75:
- The Prince de Moncontour took his place with great gravity at the Paris board, whither Barnes made frequent flying visits. The sense of capitalism sobered and dignified Paul de Florac: at the age of five-and-forty he was actually giving up being a young man, and was not ill-pleased at having to enlarge his waistcoats, and to show a little gray in his mustache.
Translations [edit]
socio-economic system based on private property rights
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socio-economic system based on the abstraction of resources
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External links [edit]
Capitalism on Wikipedia.Wikipedia