state capitalism

noun

1. a form of capitalism in which the central government controls most of the capital, industry, natural resources, etc.

state capitalism

noun

1. a form of capitalism in which the state owns or controls most of the means of production and other capital: often very similar to state socialism

Word History and Origins

Origin of state capitalism¹

First recorded in 1925–30

Example Sentences

Now, under the so-called opening up, they have survived and are catching up in every aspect with a kind of state capitalism.

From New York Times

Staunch, unremitting opposition to Putin's fascism and Xi's totalitarian state capitalism is part of Eliot's "very much reality" that we'll have to bear, at the sacrifice of our own moral conceits and material comforts.

From Salon

Shevek travels to rival system Urras, where inhabitants practice a form of state capitalism that is rife with the usual inequities.

From Salon

The U.S. and other Western governments have long been wary of the economic power of China’s “state capitalism,” fueled by giant state-owned companies and an industrial policy driven by subsidies and government mandates.

From Seattle Times

We don't have to live in a form of state capitalism in which the lower 90% of income earners have been robbed of approximately $50 trillion, for the benefit of a fraction of 1%.

From Salon