state capitalism
2
6.8
- noun
- /steɪt ˈkæpɪtəlɪzəm/
- Specialized
:
capitalismo estatal
- State guarantees to foreign lenders under state capitalism have surely contributed to the debt crisis and its burden on ordinary Latin Americans.
- state capitalism and socialism
- state capitalism and welfare liberalism
- state capitalism and welfare
No, you have state capitalism alongside the private, just like you had that before.
- No, you have state capitalism alongside the private, just like you had that before.
Examples
-
China's model of state capitalism allows the government to control key industries while encouraging private enterprise.
-
After 50-60 years of state capitalism and socialism, it is time for the pendulum to swing in the other direction.
Academic text (1992) -
No, you have state capitalism alongside the private, just like you had that before.
-
Soviet state capitalism was more successful in the rate of growth.
-
China, the leading practitioner of state capitalism, grew by nearly 12 percent in the first quarter of this year.
Blog text (28) -
Has Beijing found a new form of state capitalism that will outperform?
Academic text (2018) -
The main debate is between state capitalism and welfare liberalism.
Academic text (1992) -
China's success and growing influence may persuade other developing states to embrace elements of state capitalism.
Blog text (28) -
State capitalism in Latin America was vulnerable on other fronts besides aggregate economic performance.
Academic text (1992) -
Many economists argue that state capitalism can efficiently balance public and private interests.
Antonyms
- Formal
1
4.1
A way of running an economy that lets businesses compete with little government control
How Capitalist
- Formal
7
8.7
- Specialized
93
3.0
292
3.8
- Specialized
2
4.1
- Specialized
2
6.8
- Specialized
1
7.0
Surface Forms
Morphology
The noun-noun compound combines 'state' (government) with 'capitalism' (a market system based on private ownership), so its meaning — a capitalist system where the government has major control or ownership — is directly compositional. This modifier+head pattern is regular and cross-linguistically common, so a B1 learner who knows both constituents can readily infer the MWE's meaning.
Etymology
The term state capitalism comes from the idea that the state, meaning the government, takes on a business role inside capitalism. So, it feels like the government is acting as an owner or manager of companies, which is why it means 'an economy where the government controls or owns businesses within a mainly capitalist market'.