capitalism

S2 W2

in Vietnamese Chủ nghĩa tư bản

BrE /ˈkæpɪtəlɪzəm/ AmE /ˈkæpɪtlɪzəm/

noun en → vi

1 ECONOMIC SYSTEM [singular] B1

Chủ nghĩa tư bản

an economic system in which trade, industry, and the means of production are controlled by private owners for profit, rather than by the state or community

  • a form of capitalism

Collocations capitalist economy · free market capitalism

  • The country has a capitalist economy.

    Nước này có nền kinh tế tư bản.

2 IDEOLOGY [singular] B2

Tư tưởng chủ nghĩa tư bản

the belief that capitalism is the best system for organizing an economy and society, because it encourages competition and individual freedom

  • advocacy of capitalism

Collocations capitalist ideology · pro-capitalism stance

  • He is a strong advocate of capitalism.

    Anh ấy là một người ủng hộ mạnh mẽ chủ nghĩa tư bản.