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state capitalism

noun
1.
a form of capitalism in which the central government controls most of the capital, industry, natural resources, etc.
Origin
1925-1930
1925-30
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for state-capitalism

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
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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