What's the difference between
and
Enter two words to compare and contrast their definitions, origins, and synonyms to better understand how those words are related.

Capitalism vs Promarket - What's the difference?

capitalism | promarket |

As a noun 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.

As an adjective promarket is

in favor of the free market, of 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

    *

    promarket

    English

    Adjective

    (en adjective)
  • In favor of the free market, of capitalism.
  • * 2006 , Michael Courville and Raj Patel, "The Resurgence of Agrarian Reform in the Twenty-first Century", introduction to Promised land: competing visions of agrarian reform , Food First Books, ISBN 978-0-935028-28-7, pages 18–19:
  • The promarket argument fails to acknowledge not only the noncommodity nature of food production, but also the falsity of the assumption that rising GDP inevitably leads to decreased poverty for rural dwellers. Conceptualizing agriculture as a commodity-oriented system of production, the World Bank's MALR [market-assisted land reform] models and the neoliberal economic models that spawned it avoid any direct consideration of the relationship between the land and the majority of the world's poor.