capitalism

(redirected from Capitalist society)
Also found in: Dictionary, Thesaurus, Encyclopedia.

Capitalism

The economic system in which the means of production is privately held. In capitalism, the most important means of production is money rather than land (as in feudalism) or labor (as in socialism). That is, the ability to raise and use money for the production of goods and services is more important than owning the land from which goods come, or the ability to work in order to create a good or service. As a result, government policies generally target the regulation (or not) of money and its uses rather than those of property and/or labor. While capitalism is often associated with laissez-faire policies, governments often involve themselves in capitalist countries. The appropriate amount of government intervention in a capitalist system remains hotly debated.

capitalism

see PRIVATE-ENTERPRISE ECONOMY
References in periodicals archive ?
What I am asking is that we not bow down before "the law" but recognize that this law is there to perpetuate the industrial capitalist society which is destroying our Earth, and to which we are supposed to present a Green alternative.
Shallow" here means thinking that the major ecological problems can be resolved within and with the continuation of industrial capitalist society.
Coverage of capitalism and inequalities in capitalist society has been increased, and there is a substantial revision on the American class system.
They discuss the demise of US welfare policy, the role of the state in capitalist society, other welfare policy models, and alternative futures in the shadow of increased inequality.
UK) presents a historical narrative of the street robber as he has evolved in British society since the Middle Ages, eventually finding the modern street robber to be a product of forces distinctive to modern capitalist society.
Marc DESCHENAUX, founder of Success Channel, in charge of the legal and financial sides of the project, declared: "Success Channel acknowledges the beating heart of capitalist society and taps into those deep currents in our character.
As the above quotation suggests, this book is unashamedly partisan, in the sense that it starts from a fairly basic assumption that Marx's criticisms of capitalist society are substantively correct.
Located in London, the writer explores the nagging anxieties that dog men in capitalist society.
Pop said: "I've never given a lecture in my life, but on the day I'm going to attempt a discussion on the subject of free music in a capitalist society.
For by agreeing to do their own previous work for them We help them to reduce and employ far less staff This must increase their huge profit margins by a quite considerable degree And allow fat cat bosses to smile all the way to the bank Which even in a greedy capitalist society like ours Is surely behaviour quite unpleasant and rank So the supermarkets should play fair and square with the general public When we scan our own purchases for whatever the amount And agree to be fair and reasonable in the circumstances By awarding us a very well-earned discount
Current capitalist society is so permeated by the production of useless and destructive stuff that it is possible to decrease industrial production simultaneous with an increase in the quality of life globally.
LIKE it or not, presumably we have to accept that we live in a capitalist society.