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precapitalist

precapitalist

9.6
A person who lived before modern markets and private ownership began
  • noun
  • /ˌpriːˈkæpɪlɪst/
: precapitalista
  • The anthropologist observed how precapitalists managed resources in a way that differed significantly from contemporary market practices.

Examples

  • Many scholars study the beliefs and practices of precapitalists to understand the origins of modern economic systems.

  • Experimental forms of social ownership, such as those proposed by the Sandinistas and the Cuban "26th of July" movement, are dismissed by the orthodox as "precapitalist."

    Academic text (1992)
  • Artifacts from precapitalist societies reveal insights into the trade and barter systems they utilized.

Surface Forms

precapitalist singular

Etymology

Precapitalist is formed from pre- 'before' and capital 'money', the same root as capitalism. So a precapitalist person lived before the rise of money-based markets and often used barter or shared resources instead.