Capitalism vs Autocracy - What's the difference?

capitalism | autocracy |


As nouns the difference between capitalism and autocracy

is that capitalism is (politics|uncountable) a socio-economic system based on private property rights, including the private ownership of resources or capital, with economic decisions made largely through the operation of a market unregulated by the state while autocracy is a form of government in which unlimited power is held by a single individual.

capitalism

English

Noun

  • (politics, uncountable) a socio-economic system based on private property rights, including the private ownership of resources or capital, with economic decisions made largely through the operation of a market unregulated by the state.
  • (economics, uncountable) a socio-economic system based on 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) a specific variation or implementation of either such socio-economic system.
  • Quotations

    *

    autocracy

    Noun

    (autocracies)
  • A form of government in which unlimited power is held by a single individual.
  • Synonyms

    * bigmanism * despotism * dictatorship * monarchy * tyranny

    Hypernyms

    * totalitarianism