a form of capitalism in which the central government controls most of the capital, industry, natural resources, etc.
Origin of state capitalism
First recorded in 1925–30
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
British Dictionary definitions for 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
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