different between democraticsocialism vs capitalism

English

Etymology

Borrowed from French capitalisme (“the condition of one who is rich”); equivalent to capital +? -ism. First used in English by novelist William Thackeray in 1854.

Pronunciation

• (Received Pronunciation) IPA^(key): /?kap?t(?)l?z(?)m/
• (General American) enPR: k?p??-tl-?z'm, IPA^(key): /?kæp??tl???zm?/

Noun

capitalism (countable and uncountable, plural capitalisms)

1. (politics) A socio-economic system based on private ownership of resources or capital.
2. (economics) An economic system based on private ownership of the means of production and their operation for profit.
3. (politics, economic liberalism) 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.
4. (economics, economic liberalism) 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.

Quotations

Derived terms

• anarcho-capitalism
• crony capitalism
• late capitalism
• state capitalism
• savage capitalism

Related terms

• capital
• capitalist
• capitalistic
• capitalistically

Translations

See also

Further reading

• capitalism on Wikipedia.Wikipedia

References

• capitalism at OneLook Dictionary Search
• capitalism in Keywords for Today: A 21st Century Vocabulary, edited by The Keywords Project, Colin MacCabe, Holly Yanacek, 2018.
• capitalism in The Century Dictionary, New York, N.Y.: The Century Co., 1911.
• "capitalism" in Raymond Williams, Keywords (revised), 1983, Fontana Press, page 50.

Romanian

Etymology

From French capitalisme

Noun

capitalism n (uncountable)

1. capitalism

Declension