Capitalism vs Capitulation - What's the difference?
capitalism | capitulation | Related terms |
(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.
A reducing to heads or articles; a formal agreement.
The act of capitulating or surrendering to an enemy upon stipulated terms; the act of ceasing to resist an opponent or an unwelcome demand.
The instrument containing the terms of an agreement or surrender.
An enumeration of the main parts of a subject.
