state capitalism

noun

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

state capitalism

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

First recorded in 1925–30

Mr Putin‘s model of state capitalism would suffer a devastating blow from Gazprom’s fall.

And, above and beyond this, State capitalism is actually expropriating private capitalists.

State Capitalism has a very definite principle and program of labor reform.

Evidently but a few years will elapse before State capitalism will everywhere dominate.

Here we have a program closely resembling that of "State capitalism."

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