Outrageously Funny Word Dictionary :: Anticapitalistically

👉 In economics, anticapitalism is a political and economic theory that advocates for reducing the role of private ownership in the economy. It suggests that capitalism should be replaced by a system where resources are distributed based on public benefit rather than profit. This concept contrasts with neoliberalism, which emphasizes the importance of private enterprise as a means to maximize profits. The term "anticapitalistically" is often used to describe this approach because it implies that private property and profit are not inherently negative or harmful in

anticapitalistically