Capitalistic

/ˌkæpɪtəˈlɪstɪk/

Meaning & Definition

adjective
Relating to or characterized by capitalism, an economic system in which private individuals or businesses own capital goods and are responsible for production, distribution, and profit.
The capitalistic economy of the United States promotes innovation and consumer choice.
Emphasizing the importance of capital and investment as opposed to state control or socialism.
Many capitalistic societies value entrepreneurship and market competition.
Favoring or supportive of capitalist policies and systems.
His capitalistic views led him to advocate for reduced government intervention in business.

Etymology

From 'capitalism' + '-istic', originally referring to a system of economy based on public trade for profit.

Common Phrases and Expressions

capitalistic society
A society in which capitalist principles and practices are dominant.
capitalistic economy
An economy that operates on the basis of private property and market forces.

Related Words

capitalism
An economic system characterized by private ownership of the means of production.
capitalist
A person who supports or engages in capitalism.

Slang Meanings

Capitolist
He's such a capitolist, always thinking about profit.