Capitalism: meaning, definitions and examples

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capitalism

[ ˈkapɪtlɪz(ə)m ]

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economic system

Capitalism is an economic system in which private individuals or businesses own capital goods and control their use in the production of goods and services. It is characterized by private property rights, competitive markets, and wage labor.

Synonyms

capitalist system, free market economy

Examples of usage

Many argue that capitalism promotes innovation and economic growth.
Critics of capitalism claim that it leads to income inequality and exploitation of workers.

Translations

Translations of the word "capitalism" in other languages:

🇵🇹 capitalismo

🇮🇳 पूंजीवाद (Pūnjīvād)

🇩🇪 Kapitalismus

🇮🇩 kapitalisme

🇺🇦 капіталізм

🇵🇱 kapitalizm

🇯🇵 資本主義 (Shihon shugi)

🇫🇷 capitalisme

🇪🇸 capitalismo

🇹🇷 kapitalizm

🇰🇷 자본주의 (Jabonjuui)

🇸🇦 الرأسمالية (al-ra'samaliyya)

🇨🇿 kapitalismus

🇸🇰 kapitalizmus

🇨🇳 资本主义 (Zīběn zhǔyì)

🇸🇮 kapitalizem

🇮🇸 kapítalismi

🇰🇿 капитализм

🇬🇪 კაპიტალიზმი (kap'italizmi)

🇦🇿 kapitalizm

🇲🇽 capitalismo

Word origin

The term capitalism originated in the mid-19th century from the word capital, which refers to wealth or assets used to create more wealth. The concept of capitalism as an economic system gained prominence during the Industrial Revolution in Europe and North America. It has since become the dominant economic system in many parts of the world, although it remains a topic of debate and criticism.