Definition
资本主义 (zīběn zhǔyì) refers to an economic system based on private ownership and free markets. Its sibling 社会主义 (shèhuì zhǔyì) describes a system where the means of production are owned or regulated by the community or state — the two are opposing political-economic ideologies.
phrase
capitalism
Examples
- 资本主义。zī běn zhǔ yì de héxīn shì sīyǒuzhì hé zìyóu shìchǎng.The core of capitalism is private ownership and the free market.
- 资本主义。Xǔduō guójiā cóng zī běn zhǔ yì zhuǎnxiàng le hùnhé jīngjì móshì.Many countries have shifted from capitalism to a mixed economic model.
- 资本主义。Mǎkèsī zhǔyì rènwéi zī běn zhǔ yì bìrán dǎozhì jiējí máodùn.Marxism holds that capitalism inevitably leads to class conflict.
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