state capitalism

state capitalism

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

Origin:
1925–30
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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State capitalism is always a great word to know.
So is bezoar. Does it mean:
a calculus or concretion found in the stomach or intestines of certain animals, esp. ruminants, formerly reputed to be an effective remedy for poison.
an arrangement of five objects, as trees, in a square or rectangle, one at each corner and one in the middle.
Collins
World English Dictionary
state capitalism
 
n
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

Collins English Dictionary - Complete & Unabridged 10th Edition
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