Definition, Meaning & Synonyms

capitalist-democracy

noun

/ˈkæpɪtəlɪst dɪˈmɒkrəsi/

Definition

A political and economic system that combines a capitalist economy with a democratic political framework, emphasizing both individual economic freedoms and majority rule in governance.

Examples

In a capitalist-democracy, citizens have the right to vote for their leaders and the freedom to start their own businesses.
Many Western countries operate under a capitalist-democracy, promoting both economic growth and political participation.
The debate around capitalist-democracy often revolves around issues of income inequality and political representation.

Meaning

Capitalist-democracy refers to a society where the economy is primarily driven by private ownership and market forces, while the government is elected by the people, allowing for political freedom and civil rights.