Definition, Meaning & Synonyms

global-capitalism

Noun

/ˈɡloʊbəl ˈkæpɪtəlɪzəm/

Definition

Global capitalism refers to the economic system in which trade, investments, and capital flow across international borders with minimal restrictions, leading to a global marketplace.

Examples

Global capitalism has led to increased economic integration between countries.
Many people argue that global capitalism can result in economic inequality.
The rise of tech companies has been a significant feature of global capitalism.

Meaning

It emphasizes the interconnectedness of economies worldwide, where capital, goods, and services are exchanged across nations, driven by free-market principles and competition.