noun an economic system characterized by free market capitalism operating at an extremely fast pace with little government regulation
Turbocapitalism is often critiqued in political discourse for its role in shaping policies that prioritize corporate interests over the well-being of citizens.
In sociology, turbocapitalism refers to the impact of hyper-capitalist ideologies on society, including income inequality, exploitation of labor, and commodification of everything.
Turbocapitalism is a term used to describe an extreme form of capitalism characterized by rapid and aggressive profit-seeking, often at the expense of social and environmental concerns.
The concept of turbocapitalism is relevant in environmental studies as it highlights the unsustainable exploitation of natural resources for economic gain.
Turbocapitalism is often critiqued in literature and journalism for its detrimental effects on society and the environment.
Psychologists may study the psychological impact of turbocapitalism on individuals, such as increased stress and anxiety related to job insecurity and financial instability.
Economists may analyze the economic implications of turbocapitalism, such as income inequality, market volatility, and the concentration of wealth among a small percentage of the population.
Sociologists may examine the social consequences of turbocapitalism, such as the erosion of community ties, the breakdown of traditional social structures, and the rise of individualism.
Politicians may debate policies and regulations aimed at addressing the negative aspects of turbocapitalism, such as corporate greed, tax evasion, and environmental degradation.