GNU Collaborative International Dictionary of English
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capitalism (kăpˈĭ‑tal‑ĭzˌm), n. An economic system based on predominantly private (individual or corporate) investment in and ownership of the means of production, distribution, and exchange of goods and wealth; contrasted with socialism or especially communism, in which the state has the predominant role in the economy.
Syn. -- capitalist economy.
[WordNet 1.5 +PJC]