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Socialsim vs Capitalism - What's the difference?

socialsim | capitalism |

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.

socialsim

Not English

Socialsim has no English definition. It may be misspelled.

English words similar to 'socialsim':

socialism, sexualism, sexaholism

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.
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