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state capitalism

Syllabification: state cap·i·tal·ism

Definition of state capitalism in English:

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.

Definition of state capitalism in:

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