capitalism
Language: English
Part of speech: noun
Pronunciation: ipa: /ˈkapɪt(ə)lɪz(ə)m/
enpr: kăpʹĭ-tl-ĭz'm
ipa: /ˈkæpɪ̈tl̩ˌɪzm̩/
Forms: form: capitalisms
Etymology: Borrowed from French capitalisme (“the condition of one who is rich”); equivalent to capital + -ism. Derived from Proto-Indo-European *káput (“head”), ultimately from Proto-Indo-European *kap-. First used in English by novelist William Thackeray in The Newcomes [1854-1855].
Senses: examples: text: The peasantry have long since disappeared, the independent shopkeeper is being destroyed, the small business-man is diminishing in numbers. But at the same time modern industry is so complicated that it cannot get along without great numbers of managers, salesmen, engineers, chemists and technicians of all kinds, drawing fairly large salaries. And these in turn call into being a professional class of doctors, lawyers, teachers, artists, etc., etc. The tendency of advanced capitalism has therefore been to enlarge the middle class and not to wipe it out as it once seemed likely to do.
ref: 1941, George Orwell, The Lion and the Unicorn, Pt. I:
text: After the economic paralysis during the early years of the People's Republic, and after the chaos of the Cultural Revolution, the fresh though sometimes harsh wind of capitalism is blowing across this city's 2,388 square miles (6,185 square kilometers) with a socialist face. The motto of the Chinese national government "Become wealthy together!" has created a hectic atmosphere in Shanghai.
ref: 1999, “Shanghai”, in The Book of the World, 2nd United States edition (Atlas), Macmillan, →ISBN, →LCCN, →OCLC, page 411, column 1:
topics: government
politics
glosses: A socio-economic system based on private ownership of resources or capital.
examples: text: What this war has demonstrated is that private capitalism—that is, an economic system in which land, factories, mines and transport are owned privately and operated solely for profit—does not work. It cannot deliver the goods. This fact had been known to millions of people for years past, but nothing ever came of it, because there was no real urge from below to alter the system, and those at the top had trained themselves to be impenetrably stupid on just this point. Argument and propaganda got one nowhere. The lords of property simply sat on their bottoms and proclaimed that all was for the best. Hitler's conquest of Europe, however, was a physical debunking of capitalism. War, for all its evil, is at any rate an unanswerable test of strength, like a try-your-grip machine. Great strength returns the penny, and there is no way of faking the result.
ref: 1941, George Orwell, The Lion and the Unicorn, Pt. II:
topics: economics
sciences
glosses: An economic system based on private ownership of the means of production and their operation for profit.
topics: economic-liberalism
government
human-sciences
ideology
philosophy
politics
sciences
glosses: 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.
topics: economic-liberalism
economics
government
human-sciences
ideology
philosophy
politics
sciences
glosses: An 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.
Derived terms: anarchist capitalism
anarcho-capitalism
anticapitalism
anti-capitalism
biocapitalism
casino capitalism
countercapitalism
crapitalism
crony capitalism
cybercapitalism
ecocapitalism
eco-capitalism
guided capitalism
handicapitalism
homocapitalism
hypercapitalism
hyper-capitalism
late capitalism
late stage capitalism
late-stage capitalism
neocapitalism
neo-capitalism
noncapitalism
paleocapitalism
petrocapitalism
platform capitalism
postcapitalism
precapitalism
protocapitalism
rainbow capitalism
savage capitalism
semicapitalism
stakeholder capitalism
state capitalism
stateless capitalism
supercapitalism
surveillance capitalism
technocapitalism
turbocapitalism
turbo-capitalism
venture capitalism
vulture capitalism
welfare capitalism
Related terms: capital
capitalist
capitalistic
capitalistically
authoritarianism
bolshevism
Bolshevism
Bushism
Clintonism
collectivism
Communism
communism
conservatism
fascism
Fascism
Gorbachevism
individualism
Khrushchevism
Leninism
liberalism
Maoism
Marxism
Marxism-Leninism
progressivism
Reaganism
Rooseveltism
socialism
Stalinism
Thatcherism
Titoism
totalitarianism
Trotskyism
Trudeauism
Trumpism