CAPITALISM


Meaning of CAPITALISM in English

ˈ ̷ ̷( ̷ ̷) ̷ ̷ˌlizəm, Brit also kəˈpit ə lˌi- noun

( -s )

Etymology: capital (II) (wealth) + -ism

: an economic system characterized by private or corporation ownership of capital goods, by investments that are determined by private decision rather than by state control, and by prices, production, and the distribution of goods that are determined mainly in a free market — compare industrialism , liberalism , socialism

Webster's New International English Dictionary.      Новый международный словарь английского языка Webster.