English Reference

Word

capitalism

Phoneticscap·i·tal·ism

US/ˈkæpɪtəˌɫɪzəm/

UK/kˈæpɪtəlˌɪzəm/

Uncountable noun

Definition

n. a system where individuals and companies own businesses and property, and compete to make money.

n. an economic and social system based on the private ownership of the means of production and their operation for profit within a market economy.

Examples

“Many countries around the world have economies based on capitalism.”

“Under capitalism, companies compete with each other to offer the best products and attract the most customers.”

“Critics of unregulated capitalism argue that it inevitably concentrates wealth, while proponents maintain it is the most efficient engine for innovation and global poverty reduction.”

Examples

simple

“Many countries around the world have economies based on capitalism.”

contextual

“Under capitalism, companies compete with each other to offer the best products and attract the most customers.”

complex

“Critics of unregulated capitalism argue that it inevitably concentrates wealth, while proponents maintain it is the most efficient engine for innovation and global poverty reduction.”

Collocations

Common phrases and expressions where native English speakers use the word “capitalism” in context.

Verb

01. critique capitalism

“Modern philosophers continue to critique capitalism for its focus on short-term profit over social welfare.”

verb + noun

02. embrace capitalism

“Several former socialist states chose to embrace capitalism in the early 1990s.”

verb + noun

03. regulate capitalism

“Governments often intervene to regulate capitalism to prevent the formation of monopolies.”

verb + noun

Adjective

04. crony capitalism

“The economy was stifled by crony capitalism, where success depended on close relationships with government officials.”

adj + noun

05. global capitalism

“The rise of global capitalism has transformed local markets into interconnected supply chains.”

adj + noun

06. unfettered capitalism

“Critics argue that unfettered capitalism leads to extreme wealth inequality and environmental degradation.”

adj + noun

Noun

07. excesses of capitalism

“Labor unions were formed to protect workers from the worst excesses of capitalism.”

noun + of + noun

08. triumph of capitalism

“The fall of the Berlin Wall was seen by many as the ultimate triumph of capitalism over communism.”

noun + of + noun

Usage

Often used uncountably to refer to the general concept, but can be countable when referring to specific national varieties.

Teaching tip

While often associated with 'democracy', capitalism refers specifically to the economic structure rather than the political voting system.

Real-World Examples

“In a speech he gave this March , Burnham defined this as a means of softening the harder edges of capitalism by combining economic growth with social progress.”
The Guardian 24 Sept 2026
“The hit musical became a battleground for competing ideas about capitalism, artistic value, and commercial theater.”
JSTOR Daily 20 Aug 2026

Etymology

Borrowed from French capitalisme (“the condition of one who is rich”); equivalent to capital + -ism. Derived from Proto-Indo-European káput (“head”), ultimately from Proto-Indo-European kap-. First used in English by novelist William Thackeray in The Newcomes [1854-1855].

Etymology adapted from Wiktionary, available under CC BY-SA 4.0.

Synonyms

free enterpriseprivate enterprisefree market

Antonyms

socialismcommunismcollectivismstatism

Word family

Related words

Idioms

Domains

EconomicsPolitics

This entry

Exam level
CambridgeCambridgeCambridge English QualificationsThe exam suite from Cambridge University Press & Assessment, from A1 Movers up to C2 Proficiency. The benchmark names double as CEFR labels.C1 AdvancedIELTSIELTSInternational English Language Testing SystemThe 0–9 band test co-owned by the British Council, IDP, and Cambridge. Used for university entry, work, and migration.7.0–8.0TOEFL iBTTOEFL iBTTest of English as a Foreign Language, Internet-Based TestETS's academic English test, the standard route for US university admissions. Scored 0–120, with a 1–6 scale since 2026.1–6 scale: 5.0–5.595–113TOEICTOEICTest of English for International CommunicationETS's workplace English test, big in Japan and Korea. Listening & Reading scores 10–990 and tops out at C1.945–990
Frequency
Frequent
Level
C1 · AdvancedOxford
Updated
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