- The definition of capitalism is an economic system in which the means of production and distribution are privately or corporately owned and the operations are funded by profits.
An example of capitalism is the prison system in the United States being operated by private companies.
capitalism definition by Webster's New World
- an economic system in which all or most of the means of production and distribution, as land, factories, communications, and transportation systems, are privately owned and operated in a relatively competitive environment through the investment of capital to produce profits: it has been characterized by a tendency toward the concentration of wealth, the growth of large corporations, etc. that has led to economic inequality, which has been dealt with usually by increased government action and control
- the principles, methods, interests, power, influence, etc. of capitalists, especially of those with large holdings
capitalism definition by American Heritage Dictionary
capitalism - Business Definition
capitalism - Cultural Definition
capitalism - Investment & Finance Definition
An economic and business system that rewards individual effort by giving successful individuals and companies the right to keep the profits from their activities. Most of the land, factories, manufacturing, transportation, and communication systems are privately owned and operated in relatively competitive environments, where businesses and individuals seek to increase their profits. Capital is raised in order to fund activities and produce profits. Property and businesses are privately owned and typically the government plays a minor role in directing business.Webster's New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana. Used by arrangement with John Wiley & Sons, Inc.
capitalism - Legal Definition