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What is "capitalism"

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capitalism
Longman Dictionary of Contemporary English
capitalism
noun
COLLOCATIONS FROM OTHER ENTRIES
laissez-faire economics/capitalism
COLLOCATIONS FROM CORPUS
■ ADJECTIVE
advanced
▪ The development from liberal to advanced capitalism has two characteristics.
▪ In advanced capitalism neo-Marxists argue that the factors responsible for recruiting people into organized expressions of discontent broaden.
▪ In the countries of advanced capitalism, on the other hand, sub-central government is rather more than an administrative device.
▪ Modern functionalist approaches continue to emphasize that state intervention is best explained by an impersonal logic of the development of advanced capitalism.
▪ Much the same point may be made about the representative assemblies of advanced capitalism.
▪ Second, the development of advanced capitalism produced both a large oligopolistic business sector and a large oligopolistic labour union movement.
▪ Will mankind, even under advanced capitalism, let alone any future more liberated society, ever cease to sing and dance?
▪ It abandons the attempt to detect a class struggle between exploiters and exploited within advanced capitalism.
compassionate
▪ Above these foundation stones compassionate capitalism rises like a beacon.
▪ No. Compassionate capitalism is not an oxymoron.
▪ No one nation has an exclusive on compassionate capitalism.
▪ Still, compassionate capitalism demands that we continue to try.
▪ They are models of compassionate capitalism at work to black and white alike.
▪ Andrew Carnegie has been called the patron saint of compassionate capitalism.
▪ Because I am convinced that her life demonstrates both sides of compassionate capitalism.
▪ They have a unique perspective on compassionate capitalism.
competitive
▪ Thirdly, the competitive nature of capitalism means that only the largest and most wealthy companies will survive and prosper.
▪ The trades unionist suspects that in competitive capitalism the weak go to the wall.
▪ In the liberal state, and competitive capitalism, it is the system of representative institutions.
contemporary
▪ He took as his starting point the capitalist world economy: Contemporary capitalism is world capitalism.
▪ It is also important to notice how easily such a principle supports personal enterprise and property in its contemporary form, capitalism.
▪ This debate will be considered in later sections of the chapter which deal with the different classes in contemporary capitalism.
disorganized
▪ One aspect of disorganized capitalism is pressure against general welfare expenditures for those not directly engaged in productive work.
▪ For now we can proceed in terms of dealing with a fundamental social order which can be usefully described as disorganized capitalism.
▪ Again the question of just what is disorganized about disorganized capitalism surfaces for our consideration.
▪ An account of polarization in reproduction does not complete a consideration of production and reproduction under disorganized capitalism.
free
▪ But the obstacles to the free development of capitalism and of successful peasant farming remained.
▪ But, as Marx saw long ago, free-market capitalism is quintessentially populist and inherently subversive of traditions and rituals.
global
▪ Now that global capitalism is in disarray, it would make sense to support local businesses.
▪ It is the vast labor pool that global capitalism has tapped into that is the new leviathan.
▪ How do these groups work in the interests of global capitalism?
▪ The sudden collapse of Communism raised the power of global capitalism to new heights.
▪ The connections between global capitalism and the culture-ideology of consumerism must be laid bare.
▪ The restaurant is half-empty or half-full, depending on your view of global capitalism.
▪ The protests in Quebec are not going to bring about the collapse of global capitalism.
▪ Ultimately, this is how we need to think about dealing with global capitalism.
industrial
▪ These are seen as distinct stages of Third World exploitation associated with the growth of industrial capitalism in the west.
▪ They have turned the world of industrial capitalism into a world of finance capitalism.
▪ The new middle classes of industrial capitalism produced symbols which helped realize the value of industrial commodities.
▪ These men could not have foreseen the risks of advanced industrial capitalism.
▪ As economies move from industrial capitalism into global capitalism, businesses move plants to find such workers.
▪ It served the interests of industrial capitalism under the direction of the party.
international
▪ The diversity of political systems and of economic records in developing countries suggested that international capitalism was not the sole deciding factor.
▪ It was not until the second half of the 1950s that autarchy was definitively superseded by a firm commitment to international capitalism.
▪ Lenin was one of the first theorists who examined the international growth of capitalism from a Marxist perspective.
▪ It did not take much to reason that international capitalism had failed and that a new order must replace it.
late
▪ The cultural forms of late capitalism have thus become entirely pervasive and able to subsume any attempt at opposition.
▪ She longs for the anguished desolation of a late capitalism that hasn't quite worked as her generation dreamed.
liberal
▪ The development from liberal to advanced capitalism has two characteristics.
▪ We are ready to accept liberal capitalism but with the ambition of achieving social, humanist goals.
▪ Simple monopoly replaced liberal capitalism in the period between 1873 and 1918 as a result of a severe slump and depression.
▪ This move towards the short term is specific to the contemporary, neo-#liberal era of capitalism.
▪ The Great War marked the beginning of the end of the era of liberal capitalism.
▪ And it was criticised on the Right by neo-liberals who favoured a more liberal form of capitalism.
modern
▪ One of the clearest indications of the trend of modern capitalism has been the erosion of bourgeois democracy on a world scale.
▪ Here too it has one of the uncelebrated but indispensable roles in modern capitalism.
▪ The emergence of a numerous class of frivolous intellectuals is one of the least welcome phenomena of the age of modern capitalism.
▪ In a perverse way, the same is now true of modern capitalism.
▪ Britain was the first state to attempt to reconcile a liberal social order with modern capitalism.
▪ It may yet serve as an unhappy reminder that there are divides greater than those between modern capitalism and modern social democracy.
▪ Most of them moved towards a similar view of the pacifist tendencies of modern capitalism to that expounded by Norman Angell.
popular
▪ Critics of popular capitalism argue that it is a programme for increasing inequality and poverty.
▪ The opposite of popular capitalism is not the unpopular sort.
▪ On one level, there is no faulting their conviction that popular capitalism has caught the public's imagination as well as our money.
■ NOUN
market
▪ His master explanatory variable is market capitalism and his dependent variable is peasant rebellion.
▪ But, as Marx saw long ago, free-#market capitalism is quintessentially populist and inherently subversive of traditions and rituals.
monopoly
▪ Popular culture instead reproduced essentially passive individuals as labour power for monopoly capitalism.
▪ The whole net of relationships between community and subculture, class and centralizing monopoly capitalism thus took on a different shape.
state
▪ It may be argued that these proposals amount to no more than state capitalism.
▪ Only it is not clear that the identification of such a project as state capitalism is damning.
▪ My argument is that state capitalism of the kind outlined above would be a highly progressive development.
▪ The implosion of the Soviet regimes and the ensuing collapse of state capitalism caused great suffering to women.
world
▪ In time, when a revolution from world capitalism to world socialism sweeps away the economic base, the state will disappear.
▪ For the specter of world revolution still haunts world capitalism, and the Yankee bomb is its ultimate defense.
▪ He took as his starting point the capitalist world economy: Contemporary capitalism is world capitalism.
▪ The decline of the relative stability and growth of world capitalism that marked the 1950s and the early 1960s.
▪ As Third World capitalism develops, the working class is destined to play its classic revolutionary role.
▪ Gordon's analysis calls for a longer term perspective and points to the inherent instability of world capitalism today.
■ VERB
bring
▪ What is the mechanism that brings capitalism crashing down?
▪ The financial crises of the 1920s and the Great Depression of the 1930s had brought capitalism to the edge of extinction.
PHRASES FROM OTHER ENTRIES
capitalism/communism/socialism etc with a human face
EXAMPLES FROM CORPUS
▪ Changes within capitalism generate new forms of spatial organization at the same time as they create new forms of social organization.
▪ Compassionate capitalism is not about making money, but about being free to be and to do what we dream.
▪ Following Marx and Engels, Lenin argued that capitalism was an objective system for the exploitation of the working class.
▪ His work counters the contention that these relations of production are best explained by the needs of capitalism.
▪ One way to discover what capitalism is and how it works is to try it for yourself.
▪ The existence of surplus labour is not con fined to capitalism.
▪ The institutions of manufacturing capitalism gradually spread worldwide.
▪ This is a basic principle of capitalism.
The Collaborative International Dictionary
capitalism

capitalism \cap"i*tal*is`m\ (k[a^]p"[i^]*tal*[i^]z`m), n. An economic system based on predominantly private (individual or corporate) investment in and ownership of the means of production, distribution, and exchange of goods and wealth; contrasted with socialism or especially communism, in which the state has the predominant role in the economy.

Syn: capitalist economy.

Douglas Harper's Etymology Dictionary
capitalism

1854, "condition of having capital;" from capital (n.1) + -ism. Meaning "political/economic system which encourages capitalists" is recorded from 1872.

Wiktionary
capitalism

n. 1 (context politics uncountable English) 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. 2 (context economics uncountable English) a socio-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. 3 (context countable English) a specific variation or implementation of either such socio-economic system.

Related phrases:
WordNet
capitalism

n. an economic system based on private ownership of capital [syn: capitalist economy] [ant: socialism]

Related phrases:
Wikipedia
Capitalism

Capitalism is an economic system based on private ownership of the means of production and their operation for profit. Characteristics central to capitalism include private property, capital accumulation, wage labor, voluntary exchange, a price system, and competitive markets. In a capitalist market economy, decision-making and investment is determined by the owners of the factors of production in financial and capital markets, and prices and the distribution of goods are mainly determined by competition in the market.

Economists, political economists, and historians have adopted different perspectives in their analyses of capitalism and have recognized various forms of it in practice. These include laissez-faire or free market capitalism, welfare capitalism, and state capitalism. Different forms of capitalism feature varying degrees of free markets, public ownership, obstacles to free competition, and state-sanctioned social policies. The degree of competition in markets, the role of intervention and regulation, and the scope of state ownership vary across different models of capitalism; the extent to which different markets are free, as well as the rules defining private property, are matters of politics and of policy. Most existing capitalist economies are mixed economies, which combine elements of free markets with state intervention, and in some cases, with economic planning.

Capitalism has existed under many forms of government, in many different times, places, and cultures. Following the decline of mercantilism, mixed capitalist systems became dominant in the Western world and continue to spread.

Capitalism (video game)

Capitalism is a business simulation video game first published in 1995 by Interactive Magic, developed by Enlight for the Macintosh and MS-DOS and designed by Trevor Chan. Other similar business simulation games include Industry Giant, Entrepreneur and The Corporate Machine. Capitalism may be the first successful business simulation game.

The aim of Capitalism is to become the most profitable business in the world while competing in several different markets against a number of different corporations. The player must run a business as the chief executive officer while preventing the business from going bankrupt or being bought out by a competitor.

A more advanced version was developed and released as Capitalism Plus on January 1, 1996, featuring world maps, more products and enhanced management capabilities which was published by Brøderbund. A sequel was released entitled Capitalism II in 2001. An expanded version of Capitalism II, called Capitalism Lab, was released December 14, 2012.

Capitalism (disambiguation)

Capitalism is an economic and social system in which the means of production are privately controlled.

Capitalism may also refer to:

  • Capitalist mode of production, the socio-economic base of a capitalist society
  • Capitalism: A Love Story, a 2009 documentary film by Michael Moore
  • Capitalism (video game), a computer game
  • President (card game), a card game also known as "Capitalism" among various other popular names
  • Economic liberalism, advocacy or ideological support for a laissez-faire capitalist system
Capitalism (sculpture)

Capitalism is a 1991 outdoor marble and concrete sculpture and fountain by Larry Kirkland, located in northeast Portland, Oregon, United States.

Related phrases:

Usage examples of "capitalism".

Long ago authors as diverse as Lenin, Horkheimer and Adorno, and Debord recognized this spectacle as the destiny oftriumphant capitalism.

By the vast reward that the newer system gave to individual enterprise, to technical improvement and to investment, capitalism proved the aptest tool for the creation and preservation of wealth ever devised.

They merely continue to operate capitalism for their own benefit by constantly raising wages, creating a huge army of bureaucrats and taxing the upper classes out of existence.

New Conservatives to build cores like it in every English city, showcases for a top-led society, the acceptable face of capitalism.

In other words, the deconstruction of the historia rerum gestarum, of the spectral reign of globalized capitalism, reveals the possibility of alternative social organizations.

Industrial unionism recognizes that capitalism is not only interindustrial, so to speak, but also international.

This world of decentralized, small- scale nodes, with instant global access for the best and brightest, would be a perfect milieu for the shoestring attic capitalism that made Mitch Kapor what he is today.

Coven-cum-ecological-action-group-cum-Ralfiecult-cum-what-may called the Sisterhood of Man who believed that it had all gone wrong when the Omphalos of logical positivism first violated the Sacred Womb of Life by leading the Monkey People out of the trees or inventing carnivoristic phallocratic capitalism, whichever came first.

Capitalism sets in motion a continuous cycle of private reappropriation of public goods: the expropriation of what is common.

Capitalism cannot co-exist with a system that reserves power and privilege to a hereditary minority, a system which suppresses the free-market principles of labour and goods.

KPD, egged on by the Comintern representatives, looked increasingly for a showdown with German capitalism.

After the Civil War, a new coalition of southern and northern elites developed, with southern whites and blacks of the lower classes occupied in racial conflict, native workers and immigrant workers clashing in the North, and the farmers dispersed over a big country, while the system of capitalism consolidated itself in industry and government.

According to popular lore, capitalism makes sure that innovators are rewarded for their time and skills since property rights are enshrined in enforceable contracts.

We need a leadership capable of mobilising the colossal power of the labour movement to put an end to capitalism and Stalinism once and for all - and with it the system that gave birth to the monstrous fascist regimes of the inter-war period.

The first great revolutionary wave had now ebbed and capitalism had succeeded temporarily in stabilising itself.