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Capitalism vs Noncapitalism - What's the difference?

capitalism | noncapitalism |

As nouns the difference between capitalism and noncapitalism

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 noncapitalism is an economic system other than capitalism.

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

    *

    noncapitalism

    English

    Noun

    (-)
  • An economic system other than capitalism.