capitalist society
Private ownership system
A capitalist society is one organized around private ownership of productive resources and market-based exchange.
Individuals and corporations own businesses, land, and capital rather than the state.
Wealth accumulates through profit-seeking enterprise, and economic decisions emerge from supply and demand rather than central planning: In a capitalist society, success often depends on access to capital.
- market economyCommerce-based economic system
- wage laborWork exchanged for payment
- private propertyIndividually owned assets
- liberal democracyRights-based elected governance
- moneyCurrency for transactions
materialism · neoliberalism · profit motive · wealth inequality · rags to riches · self made man · corporate ladder · rat race · keeping up with the Joneses · commodification · free enterprise · deregulation · individualism · labor unions · class consciousness · trickle down · alienation · privatization
capitalist societysocialist society
Community with shared resources
command economy · planned economy · state-controlled economy · subsistence economy · gift economy
capitalist societycommunism
Collective ownership system
socialism · collective ownership · communal society · public ownership · state ownership
capitalist societycommunist state
Marxist-Leninist governed nation
classless society · socialist state · dictatorship of the proletariat · Soviet Union · egalitarian society
capital, capitalist, capitalism, capitalize, capitalization, capitalized, capitalizing, capitals, decapitate