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capitalism
(redirected from capitalist economy)

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capitalism

Economic system in which the principal means of production, distribution, and exchange are in private (individual or corporate) hands and competitively operated for profit. A mixed economy combines the private enterprise of capitalism and a degree of state monopoly, as in nationalized industries and welfare services.

Most capitalist economies are actually mixed economies, but some (such as the US and Japanese) have a greater share of the economy devoted to free enterprise.
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offers a unique study of the capitalist economy, incorporates a distinctive combination of Post Keynesian, institutional, and gender analysis to examine households in capitalist society.
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