capitalism
[U] Uncountable
pl: nullpast: nullpp: nulling: nullcomp: nullsup: null
This term carries a heavy ideological weight and is rarely used neutrally in political discourse. It evokes images of competition, market volatility, and the accumulation of wealth, often sparking debates between those who see it as a driver of innovation and those who view it as a source of social inequality. In modern usage, the word is frequently paired with modifiers like "late-stage" or "crony" to critique specific dysfunctions of the system. It describes a world where the primary motive is the maximization of profit through the ownership of the means of production.
Refers to the overarching economic philosophy and system of governance globally.