Definition, Meaning & Synonyms
unbridled capitalism
noun
/ˌʌnˈbraɪdld ˈkæpɪtəlɪzəm/
Definition
An economic system where businesses operate with little or no restrictions, aiming for profit without significant government intervention.
Examples
- The rise of unbridled capitalism in the tech industry has led to rapid innovation.
- Critics argue that unbridled capitalism can result in economic inequality and environmental degradation.
- In a system of unbridled capitalism, companies often prioritize profits over ethical considerations.
Meaning
Unbridled capitalism refers to a market environment characterized by free enterprise and competition, where market forces dictate the terms of business operations and economic outcomes.
Synonyms
- free market capitalism
- laissez-faire capitalism
- pure capitalism