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Related to Capitalist: Capitalist System
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.