Capitalism vs Supercapitalism - What's the difference?
capitalism | supercapitalism |
(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.
Any especially intense and competitive form of capitalism.
*{{quote-news, year=2007, date=September 2, author=Stephen Kotkin, title=Dangers of a Turbocharged Economy, work=New York Times
, passage=Together, newly powerful shoppers and shareholders of this supercapitalism drove a decline in labor unions and a frenzy by corporations desperate to buy some market advantage in Washington. }}
As nouns the difference between capitalism and supercapitalism
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 supercapitalism is any especially intense and competitive form of capitalism.capitalism
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* (wikipedia) English words suffixed with -ismsupercapitalism
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