capitalism
Economic system with private ownership
A system where businesses and property are owned by people or companies, not by the government, and goods are made for profit.
[something] is based on capitalism
- Capitalism encourages competition between businesses to provide better goods and services.
- Some people believe that capitalism leads to innovation, while others think it increases inequality.
- Under capitalism, prices are often set by supply and demand rather than by the government.
- Global capitalism has connected markets around the world.
- Critics argue that unchecked capitalism can harm the environment.
- Capitalism means people can own businesses.
- In capitalism, companies try to make money.
- Capitalism lets people sell things for a profit.
- Many countries use capitalism today.
- Capitalism can make some people rich.
- Base: capitalism
- Plural: capitalism
crony capitalism
1Capitalism with political favoritism
A type of capitalism where business success depends on close relationships with government officials, not just competition.
- Critics say the new policy promotes crony capitalism instead of fair competition.
- Crony capitalism can lead to corruption and unfair advantages for certain companies.
crony capitalism
1business favors for political friends
a system where friends of leaders get unfair business advantages
- The report warned that crony capitalism was discouraging foreign investment.
- Voters were angry about crony capitalism and backroom deals.
- The reforms aimed to reduce crony capitalism by increasing transparency in public contracts.
late-stage capitalism
1Advanced capitalism with excesses
A term used to describe a very developed form of capitalism that shows social or economic problems like inequality.
- The meme made fun of late-stage capitalism by showing luxury pet products.
- Some argue that late-stage capitalism focuses too much on profit at the expense of people.
state capitalism
1Capitalism with state-owned businesses
A system where the government owns businesses but runs them to make money like private companies do.
- China is often described as practicing state capitalism.
- State capitalism mixes government control with market competition.
venture capitalism
1Investing in startups for profit
The activity of giving money to new businesses that might grow quickly, hoping to make a profit.
- Venture capitalism helped many tech companies grow in Silicon Valley.
- He made his fortune through venture capitalism.