Definition of monopoly capitalism in English:

monopoly capitalism


  • A capitalist system typified by trade monopolies in the hands of a few people.

    ‘He further argues that, as monopoly capitalism displaced competitive capitalism, hegemonic regimes replaced earlier despotism in the workplace.’
    • ‘They are critical to explaining its historic inability to fulfill its own aims and create a ‘middle way’ between socialism and monopoly capitalism.’
    • ‘The objective historical necessity for socialist revolution arose not simply from the fact that imperialism and monopoly capitalism inevitably gave rise to world wars.’
    • ‘It's constitution denounced monopoly capitalism and called for organizing workers into one force for revolutionary struggle.’
    • ‘The rise of monopoly capitalism in the aftermath of the Civil War led not to equality, but rather to ever-deeper inequality.’