Meaning of “state capitalism” in the English Dictionary

business-english dictionary

"state capitalism" in Business English

See all translations

state capitalismnoun [ U ]

uk us

ECONOMICS, GOVERNMENT, FINANCE, POLITICS a form of capitalism in which the government controls some property, resources, money, etc.:

Credit Lyonnais, France's largest bank, is a symbol of Gallic state capitalism.
See also

(Definition of “state capitalism” from the Cambridge Business English Dictionary © Cambridge University Press)