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 Statism - What's the difference?

capitalism | statism |

As nouns the difference between capitalism and statism

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 statism is the belief that the centralization of power in a state (sovereign polity) is the ideal or best way to organize humanity.

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

    *

    External links

    * (wikipedia) English words suffixed with -ism

    statism

    English

    Noun

    (-)
  • The belief that the centralization of power in a state (sovereign polity) is the ideal or best way to organize humanity.

    • Related terms

    * * dirigist