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