Topic summary
Capitalist Bloc
Extracted from the Wikipedia article Western Bloc.
Terminology
Another common term was the Capitalist Bloc, which emphasized the Western Bloc's economic orientation toward private property, free markets, and limited government intervention. It was often used by Soviet propaganda to criticize the economic disparities and capitalist exploitation prevalent in Western societies. From the Western perspective, however, the Capitalist Bloc was seen as a defense of free-market economies and private property rights.