Capitalist

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Capitalist

A person who believes in or is involved with an economic system in which the means of production are privately held. In capitalism, the most important of the 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 in capitalist countries often involve themselves. The appropriate amount of government intervention in a capitalist system remains hotly debated.
References in periodicals archive ?
It makes the creation of a capitalistic economy in 19th-century Canada come alive.
Business leadership must now focus not simply on protecting against increased business taxation, but on the essence of business and our capitalistic democracy.
Jean-Cyril Spinetta, Air France's chairman, has stated that the talks with Alitalia 'could lead to a commercial partnership' and that a capitalistic alliance had not been discounted for the long term.
Others thought it was a condemnation of the capitalistic American way of life.
Conversely, it can also be used to legitimise buildings of dubious distinction, such as the thin veneer of stone used to clad banal office blocks for the purposes of crude capitalistic aggrandisement.
Indications are that the French gov't will grant Nureyev's request for asylum, and the De Cuevas Ballet promptly signed him at the delightfully capitalistic figure of $6,000 a month.
Interestingly, with the decline of the coconut industry, the Malays have turned increasingly to swidden rice, giving lie to the theoretical premise of linear capitalistic penetration that presupposes local peasants as a passive periphery to the modern world system (adapted by Rosemary Robson-McKillop).
In its list of Builders and Titans, Time singles out 19 men and one woman for their innovations and old-fashioned capitalistic pluckiness.
Batman agrees a commission-based transaction is a conflict of interest, but he points out that such conflicts are ubiquitous in a capitalistic system.
Dusinberre tells us that those British landlords were capitalistic enough in their own way, and, as one who, in the first instance, learned about them from Marx's Capital, he will get no argument from me.
At a reception in Lagos for a large Soviet delegation, Al-Azhari queried why such a high level delegation had come to a capitalistic country, `when they always tell us that capitalism is evil'.
This is because a dynamic capitalistic system can function with taxation of income or wealth, but it cannot survive the taxation of success.