Table of Contents

zīběn zhǔyì: 资本主义 - Capitalism

Quick Summary

Core Meaning

Character Breakdown

The characters combine logically:

Cultural Context and Significance

In official Chinese discourse, shaped by Marxist theory, 资本主义 (zīběn zhǔyì) is not the end-point of economic development but a specific historical stage. It is often characterized by private ownership, the pursuit of profit, and inherent contradictions like economic inequality, exploitation of labor (剥削, bōxuē), and cyclical crises. This contrasts sharply with the general Western perception of capitalism as a default, often neutral, economic framework. While Westerners might debate different *types* of capitalism (e.g., social democracy vs. laissez-faire), the system itself is foundational. In China, the official ideology is 中国特色社会主义 (Zhōngguó tèsè shèhuì zhǔyì), or “Socialism with Chinese Characteristics.” This system, especially since the 改革开放 (gǎigé kāifàng) or “Reform and Opening Up” period, incorporates market mechanisms and allows for private enterprise. However, the state maintains ultimate control over the economy's direction, and key industries remain state-owned. Therefore, the system is designed to use the tools of the market to build a strong socialist nation, avoiding the perceived pitfalls of pure 资本主义. This reflects a core value of collectivism—the prosperity of the nation and society as a whole, guided by the state—over the individualism often associated with Western capitalism.

Practical Usage in Modern China

Example Sentences

Nuances and Common Mistakes