Definition of "capitalist economy" [capitalist economy]

• An economic system based on private ownership of capital (noun)

WordNet. Princeton University. 2010.

• "But once we move beyond these misimpressions, we can consider Gatess central vision: The creative reach of a capitalist economy can and should be extended to provide vaccines, mosquito nets, and other tools for public health in poverty-stricken countries, andmost visionaryto provide new technologies particularly suited to those countries."