Sure capitalism is based on a set of ideas = ideology. The main IDEAS behind capitalism are the closely connected 'inflation' and 'infinite growth'
Adam Smith
Socialism/ccommunism
Capitalism--Wealth of Nations
Capitalism
Capitalism favors the rich and is unfair to the poor.
Max Weber defines "spirit of capitalism" as the ideas and esprit that favor the rational pursuit of economic gain.
ADAM Smith, a scottish philosopher and economist. He provided the philosophy for capitalism in his book The Wealth of Nations.Answer on page 27 in United States Government: democracy in action textbook
If Capitalism did not need Ideology, then it wouldn't be ideology at all. Ideology is the organized ideas which give a new direction to the people in society for revolution and because Capitalism is being able to own private land, businesses and organizations; there must be entrepreneur and because entrepreneur come up with ideas, there is the ideology. The free market economy, in essence, is basically the source of ideology in capitalism.
It provided a common language for the exchange of ideas.
Marx made a detailed analysis and critique of capitalism, and advocated its replacement by a classless Socialist society.
they are used to represent both political and economic ideas