capitalistic$11185$ - translation to greek
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capitalistic$11185$ - translation to greek

POLITICAL IDEOLOGY
Market democracy; Democratic Capitalism; Market democracies; Capitalistic democracy; Capitalist democracy
  • [[Mount Washington Hotel]] in [[Bretton Woods, New Hampshire]], the location of the Bretton Woods Conference
  • A display of the flags of the nations which participated in the Bretton Woods Conference, located in the Gold Room at Mount Washington Hotel
  • Ronald Reagan, 40th president of the United States
  • Pope John Paul II, author of ''Centesimus annus''

capitalistic      
adj. κεφαλαιοκρατικός

Definition

pre-industrial
Note: in AM, usually use 'preindustrial'
Pre-industrial refers to the time before machines were introduced to produce goods on a large scale.
...the transition from pre-industrial to industrial society.
ADJ: ADJ n

Wikipedia

Democratic capitalism

Democratic capitalism, also referred to as market democracy, is a political and economic system. It integrates resource allocation by marginal productivity (synonymous with free-market capitalism), with policies of resource allocation by social entitlement. The policies which characterise the system are enacted by democratic governments.

Democratic capitalism was implemented widely in the 20th century, particularly in Europe and the Western world after the Second World War. The coexistence of capitalism and democracy, particularly in Europe, was supported by the creation of the modern welfare state in the post-war period. The implementation of democratic capitalism typically involves the enactment of policies expanding the welfare state, strengthening the collective bargaining rights of employees, or strengthening competition laws. These policies are enacted in a capitalist economy characterized by the right to private ownership of property.

Catholic social teaching offers support for a communitarian form of democratic capitalism with an emphasis on the preservation of human dignity.