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Capitalistic: meaning, definitions and examples

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capitalistic

 

[ˌkapɪtəˈlɪstɪk ]

Definitions

Context #1 | Adjective

economic system

Relating to or characterized by capitalism, an economic system in which private individuals own the means of production and operate them for profit.

Synonyms

entrepreneurial, market-oriented, profit-driven.

Which Synonym Should You Choose?

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Word Description / Examples
capitalistic

Used to describe systems, economies, or countries that adhere strictly to the principles of capitalism, where trade and industry are controlled by private owners for profit.

  • The capitalistic nature of the economy encourages competition.
  • Many believe that capitalistic societies provide more opportunities for innovation.
market-oriented

Often used to describe businesses, strategies, or economies that focus on responding to the needs and desires of consumers. It emphasizes adapting to market demands.

  • The firm's market-oriented strategy has been successful in capturing a larger share of the market.
  • A market-oriented economy requires businesses to be flexible and customer-focused.
entrepreneurial

Typically used to describe individuals or activities that involve taking risks to start and manage businesses. It often carries a positive connotation of innovation and initiative.

  • She has an entrepreneurial spirit, always looking for new business opportunities.
  • The company's entrepreneurial approach has led to rapid growth.
profit-driven

Generally used to describe businesses or actions that prioritize profit over other considerations. It can sometimes imply a lack of concern for ethical or social responsibilities, and thus can have a negative connotation.

  • The profit-driven decisions of the company led to cost-cutting measures that were unpopular with employees.
  • A profit-driven mindset often focuses solely on financial gain.

Examples of usage

  • Many argue that the capitalistic system promotes competition and innovation.
  • Some believe that the capitalistic model leads to income inequality.
  • In a capitalistic society, businesses are driven by the pursuit of profit.
Context #2 | Adjective

attitude or behavior

Showing a strong belief in capitalism or its principles.

Synonyms

free-market oriented, pro-capitalist.

Which Synonym Should You Choose?

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Word Description / Examples
capitalistic

Used to describe a system or an individual that supports owning businesses and making profit as a core principle. Often used in a neutral or descriptive sense.

  • The capitalistic model allowed the company to grow rapidly and become a market leader.
  • In a capitalistic economy, competition drives innovation.
pro-capitalist

Expresses clear support for capitalist principles, sometimes in opposition to other economic systems. Often used in political or ideological debates.

  • The politician's pro-capitalist stance has attracted support from business leaders.
  • Debates between pro-capitalist and socialist groups are common in election campaigns.
free-market oriented

Highlights a preference for minimal government intervention in the market, where supply and demand determine prices. Often used in discussions about economic policies.

  • His free-market oriented policies aim to reduce regulations and taxes on businesses.
  • Countries that are free-market oriented tend to have dynamic and diverse economies.

Examples of usage

  • He had a capitalistic approach to business, always focused on maximizing profits.
  • Her capitalistic mindset made her successful in the competitive market.

Interesting Facts

Historical Origins

  • The term originated in the early 19th century during discussions about economic systems, particularly in the context of the Industrial Revolution.
  • Adam Smith, often referred to as the father of economics, criticized mercantilism while promoting the idea of capitalistic practices in his 1776 book 'The Wealth of Nations'.
  • At its core, capitalism emerged from the decline of feudal systems in Europe, with increased emphasis on trade and money.

Economic Theory

  • Capitalistic economies rely on private property where individuals have the right to own and control their assets.
  • Supply and demand play pivotal roles in capitalistic systems, where prices of goods and services fluctuate based on availability and consumer desire.
  • Competition is a hallmark of capitalism, driving innovation and efficiency as businesses strive to attract customers.

Cultural Impact

  • Cinemas often explore themes of capitalism, reflecting societal values and critiquing the obsession with wealth and success.
  • In literature, many novels explore the impact of capitalism on individual lives, showcasing a wide range of human experiences from hardship to triumph.
  • Pop culture often depicts capitalistic society as both glamorous and challenging, highlighting the struggles within different economic classes.

Modern Context

  • Globalization has intensified capitalistic practices, allowing businesses to operate internationally and leading to complex economic interdependence.
  • Critics argue that capitalism can lead to inequality and environmental degradation, prompting discussions about sustainable and fair practices.
  • Emerging technologies have transformed capitalistic structures, with the rise of e-commerce and digital currencies reshaping traditional economic models.

Political Views

  • Different political ideologies perceive capitalism distinctively; some embrace it as a path to freedom while others criticize it for fostering inequality.
  • Socialism often emerges as a counterpoint to capitalism, advocating for collective ownership and distribution of resources.
  • Regulations are often introduced within capitalistic systems to prevent monopolies and protect consumers, balancing profit-making with ethical considerations.

Translations

Translations of the word "capitalistic" in other languages:

🇵🇹 capitalista

🇮🇳 पूंजीवादी (poonjivadi)

🇩🇪 kapitalistisch

🇮🇩 kapitalistik

🇺🇦 капіталістичний

🇵🇱 kapitalistyczny

🇯🇵 資本主義的 (shihonshugi-teki)

🇫🇷 capitaliste

🇪🇸 capitalista

🇹🇷 kapitalist

🇰🇷 자본주의의 (jabonjuui-ui)

🇸🇦 رأسمالي (ra'smali)

🇨🇿 kapitalistický

🇸🇰 kapitalistický

🇨🇳 资本主义的 (zīběn zhǔyì de)

🇸🇮 kapitalističen

🇮🇸 kapítalískur

🇰🇿 капиталистік

🇬🇪 კაპიტალისტური (kapitalist'uri)

🇦🇿 kapitalist

🇲🇽 capitalista

Word Frequency Rank

With rank #19,612, this word belongs to specialized vocabulary. While not common in everyday speech, it enriches your ability to express complex ideas.