cap·it·al·ism [capitalism] BrE [ˈkæpɪtəlɪzəm] NAmE [ˈkæpɪtəlɪzəm] noun uncountable an economic system in which a country's businesses and industry are controlled and run for profit by private owners rather than by the government •the growth of industrial capitalism in the West compare ↑socialism
Example Bank: •He predicted the fall of world capitalism. •He was one of the leading advocates of laissez-faire capitalism. •She deplored unbridled capitalism as much as communism. •a protest against global capitalism •a study of the development of agriculture under capitalism