capitalism

1. A socio-economic system based on private ownership of resources, and capital and their exploitation for profit. (countable, uncountable)
2. An economic system based on private control of the means of production and the exploitation of labour by capital. (countable, uncountable)
3. An economic system based on private property and the abstraction of resources into the form of privately owned capital, with economic decisions made largely through the operation of a market unregulated by the state. (countable, uncountable)

Plural capitalisms