state capitalism

noun

Definition of state capitalism

: an economic system in which private capitalism is modified by a varying degree of government ownership and control

Examples of state capitalism in a Sentence

Recent Examples on the Web Now the next phase of Chinese state capitalism is under way—call it Xinomics. The Economist, "The Chinese economic model Xi Jinping is reinventing state capitalism. Don’t underestimate it," 13 Aug. 2020 The Chinese economy is instead a system of state capitalism in which the arbiter is an uncontestable political authority. Daniel Rosen, WSJ, "China Backslides on Economic Reform," 22 Sep. 2020 China has defied the sceptics because its state capitalism has adapted, changing shape. The Economist, "The Chinese economic model Xi Jinping is reinventing state capitalism. Don’t underestimate it," 13 Aug. 2020 Without economic freedom, China’s state capitalism can’t match America’s democratic capitalism. WSJ, "Democratic Capitalism Is Our Not-So-Secret Weapon," 17 Aug. 2020 And, as our briefing explains, China’s leader, Xi Jinping, is reinventing state capitalism for the 2020s. The Economist, "The Chinese economic model Xi Jinping is reinventing state capitalism. Don’t underestimate it," 13 Aug. 2020 Since the transition from socialism to state capitalism and the brutal suppression of the 1989 Tiananmen Movement, China's government has based its legitimacy on its ability to grow the economy, keeping its people safe and successful. James Griffiths, CNN, "China's censors tried to control the narrative on a hero doctor's death. It backfired terribly.," 7 Feb. 2020 There was a common conviction that China is not about to change its model of authoritarian state capitalism. The Economist, "The West is now surer that China is not about to liberalise," 14 Nov. 2019 China, soon to be the world’s largest economy, practices state capitalism, a system that allows government officials to ensure that economic growth ultimately serves political and national interests. Time, "The American International Order Is Finished," 18 Nov. 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'state capitalism.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of state capitalism

circa 1886, in the meaning defined above

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Time Traveler for state capitalism

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The first known use of state capitalism was circa 1886

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Last Updated

26 Oct 2020

Cite this Entry

“State capitalism.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/state%20capitalism. Accessed 27 Oct. 2020.

More from Merriam-Webster on state capitalism

Britannica.com: Encyclopedia article about state capitalism

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