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Capitalism vs Marxism - What's the difference?

capitalism | marxism |

As nouns the difference between capitalism and marxism

is that capitalism is 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 Marxism is the socialist philosophy and political program founded by Karl Marx and Friedrich Engels; scientific socialism.

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

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    External links

    * (wikipedia) English words suffixed with -ism

    marxism

    English

    Noun

    (-)
  • The socialist philosophy and political program founded by Karl Marx and Friedrich Engels; .
  • The socialist ideology of the followers of Karl Marx; a radical, revolutionary political philosophy that aims to capture state power, introduce a dictatorship of the proletariat, and then progress to communism.

    • See also

    * Marxism-Leninism * capitalism * communism * feudalism English eponyms English words suffixed with -ism