Definition of state capitalism in English:

Share this entry

state capitalism

noun

[mass noun]
A political system in which the state has control of production and the use of capital.
Example sentences
  • It is difficult to see how, under the conditions of capitalist globalization, African socialism could be much more than a form of state capitalism where bureaucracies try to run the economy with very limited resources.
  • Its exponents want a modernising revolution from above, pioneered by both business and the government, promoting state capitalism.
  • There are debates to be had among revolutionaries and socialists, for example on the permanent revolution, or on state capitalism.
Share this entry
 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.