Capitalism Terminology

2 words in this vocabulary list

noun a member of the middle class

adjective of or characteristic of the middle class, typically with reference to its perceived materialistic values or conventional attitudes

  • The bourgeois class in society is often associated with wealth and privilege.
  • She comes from a bourgeois family, so she's always had access to the finer things in life.
  • Those bourgeois folks think they're better than everyone else.
  • His taste in art is quite bourgeois, always sticking to traditional and mainstream styles.

noun a type of economic system where corporations and governments take advantage of disasters to increase profits and power

  • The concept of disaster capitalism refers to the exploitation of natural or man-made disasters for economic gain.
  • Disaster capitalism is when companies profit from disasters by taking advantage of the situation.
  • Some people call it 'disco cap' when businesses make money off of disasters.
  • In the world of finance, disaster capitalism is like striking gold in a minefield.