capitalist economy
Noun
Meaning
an economic system based on private ownership of capital
Source: WordNetSynonyms
Antonyms
Hypernyms
Hyponyms
Examples
Workers do not strike every day, they cannot do that the way they function in the capitalist economy. The way they have to live by selling their labor power makes that impossible.
Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire.
The key thing about wealth in a capitalist economy is that it reproduces itself and usually earns a positive net return.
The belief that a capitalist economy is inherently stabilising is also one for which inhabitants of market economies may pay dearly in the future.
This transformation of competition into monopoly is one of the most important-if not the most important-phenomena of modern capitalist economy.
A capitalist economy hums when leading businessmen are bubbling with animal spirits and are prepared to sink their money into risky ventures.