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state capitalism

American  

noun

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

state capitalism British  

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

Etymology

Origin of state capitalism

First recorded in 1925–30

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.