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Centrism vs Capitalism - What's the difference?

centrism | capitalism |

As nouns the difference between centrism and capitalism

is that centrism is any moderate political philosophy that avoids extremes while 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.

centrism

Noun

(-)
  • Any moderate political philosophy that avoids extremes.
  • 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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