The term "world capitalist economy" can be described using various synonyms. One way to explain this phrase is by using the term "global market economy." This term refers to the interconnectedness of various economies around the world that rely on the exchange of goods and services to function effectively. Another synonym for "world capitalist economy" is "neoliberal economy," which emphasizes the importance of free-market capitalism and minimal government intervention. The phrase "international economic system" is also a synonym for "world capitalist economy" and highlights the interdependence of economic arrangements between different countries. Lastly, "global capitalist system" refers to the complex web of economic relationships and transactions that underpin globalization.