Capitalist Meaning: Definition, Examples, and Translations

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capitalist

[หˆkapษชt(ษ™)lษชst ]

Definitions

Context #1 | Noun

economic system

A capitalist is a person who believes in the economic system of capitalism, where the means of production are owned and operated by private individuals or corporations for profit. Capitalists advocate for free markets, competition, and limited government intervention in the economy.

Synonyms

businessperson, entrepreneur, investor.

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Word Description / Examples
capitalist

Note: The word 'capitalist' is repeated, but the context is the same as above.

  • In a capitalist society, private individuals own the means of production.
  • Some critics argue that capitalists prioritize profits over people's well-being.
entrepreneur

An 'entrepreneur' typically refers to someone who starts and manages new business ventures, often taking on risks in the hope of profit. The term usually carries a positive connotation, highlighting creativity, innovation, and leadership.

  • As an entrepreneur, she founded three tech startups within five years.
  • To be a successful entrepreneur, one must be willing to take calculated risks.
businessperson

'Businessperson' is a neutral term used to describe someone involved in commerce or business activities. This word is suitable in general contexts or when the focus is on the professional aspect without any ideological implications.

  • The businessperson attended an important meeting to discuss the company's future.
  • She is a successful businessperson with multiple startups under her belt.
investor

'Investor' specifically refers to a person who allocates capital with the expectation of a future financial return. The emphasis here is on the act of investment rather than the broader aspects of running a business.

  • The investor put a substantial amount of money into the new biotech company.
  • She gained a reputation as a savvy investor due to her smart choices in the stock market.

Examples of usage

  • Many capitalists argue that capitalism leads to innovation and economic growth.
  • Entrepreneurs are often seen as the driving force behind capitalist economies.
Context #2 | Noun

wealth

A capitalist is also used to describe a wealthy individual who has significant capital or assets, often used to invest in businesses or financial markets.

Synonyms

magnate, plutocrat, tycoon.

Which Synonym Should You Choose?

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Word Description / Examples
capitalist

Appropriate in discussions about an individual who invests in and owns businesses or capital assets, often in terms of economic theory or systems.

  • In a capitalist economy, individuals are free to start their own businesses
tycoon

Refers to a wealthy and powerful businessperson, often depicted as self-made and prominent in sectors like real estate, shipping, media, etc.

  • The shipping tycoon expanded his empire to include logistics and freight forwarding services
magnate

Used when referring to someone who is very wealthy and influential in a particular industry such as oil, media, or real estate.

  • The media magnate owns several of the most popular television networks
plutocrat

Describes a person whose power derives from their wealth, often used with a negative connotation regarding their influence over political or social systems.

  • Many argue that the government is largely influenced by plutocrats who shape policy to their benefit

Examples of usage

  • The capitalist invested in several startups and made a fortune.
  • Some critics argue that capitalists exploit workers to increase their wealth.

Translations

To see the translation, please select a language from the options available.

Interesting Facts

Historical Context

  • Capitalism became the dominant economic system after the fall of feudalism in Europe.
  • The Industrial Revolution in the 18th and 19th centuries saw a dramatic rise in capitalism, with factories generating vast amounts of wealth.
  • Karl Marx famously critiqued capitalism, arguing it creates class disparity and exploits workers.

Influence on Society

  • Capitalism has led to significant innovation and technological advancements by encouraging competition.
  • This economic system has been pivotal in shaping modern economies, especially in Western countries.
  • Debates around capitalism often discuss its pros and cons, including issues like inequality and consumerism.

Pop Culture

  • Movies like 'The Wolf of Wall Street' depict the excesses and moral controversies associated with capitalist societies.
  • Many music genres, such as punk rock, critique capitalism, reflecting societal frustrations about wealth inequality.
  • Video games often explore themes of capitalism, challenging players with concepts of resource management and economic strategy.

Global Perspectives

  • Today, many countries blend capitalist practices with social policies to address social welfare and inequality.
  • China has adopted a unique form of capitalism known as 'socialism with Chinese characteristics', balancing state control with market incentives.
  • Emerging economies worldwide are increasingly embracing capitalist principles to foster growth and attract foreign investment.

Origin of 'capitalist'

Main points about word origin

  • The term 'capitalist' comes from the word 'capital', which refers to money or assets used to create more wealth.
  • 'Capitalist' was first used in the 17th century, becoming popular during the Industrial Revolution.
  • The idea of capitalism started to take shape in medieval Europe as trade expanded and wealth grew.

The term 'capitalist' originated in the mid-19th century from the word 'capital,' which refers to wealth or assets used to generate income. It became widely used during the Industrial Revolution when capitalist economies started to emerge. The concept of capitalism has its roots in the ideas of Adam Smith and other classical economists who emphasized the importance of private property, free markets, and individual initiative in driving economic growth.


See also: capitalism, capitalistic, capitalization, capitalized, capitalizing, undercapitalization.

Word Frequency Rank

At #5,669 in frequency, this word belongs to advanced vocabulary. It's less common than core vocabulary but important for sophisticated expression.