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Capitalistic Meaning: Definition, Examples, and Translations

๐Ÿ’ฐ
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capitalistic

[หŒkapษชtษ™หˆlษชstษชk ]

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.

Translations

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

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.

Origin of 'capitalistic'

The term 'capitalistic' emerged in the mid-19th century during the Industrial Revolution, as capitalism became a dominant economic system. It stems from the word 'capitalism,' which originated from the Latin word 'capitalis' meaning 'of the head,' referring to wealth. The concept of capitalism has evolved over time, with various interpretations and critiques from economists and scholars.

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

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.