state capitalism
nounDefinition 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
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And, in contrast to the end of the 17th century, when Peter the Great looked to Europe as the wellspring of progress, Mr Putin can plausibly argue that the future now belongs to China and its system of state capitalism. — The Economist, "Partnership is much better for China than it is for Russia," 27 July 2019 Is the future one in which open societies with free markets vie for influence in global affairs with authoritarian countries under state capitalism? — K.n.c., The Economist, "Globalisation is dead and we need to invent a world order," 28 June 2019 If nothing else, robust U.S. tariffs could pave the way to a revised Trans-Pacific Partnership which, in turn, might make Beijing realize that state capitalism is no way to run a 21st-century superpower economy. — WSJ, "Knife in a Gun Fight Is Better Than Nothing," 22 Oct. 2018 The point is that Sorondo admires the state part of state capitalism. — Anchorage Daily News, "Reminders that in China, life is a job," 11 Feb. 2018 By his record, Mr. Xi is a staunch backer of China’s brand of state capitalism, with an inclination to improve its performance, not overturn it. — Chun Han Wong, WSJ, "Why Xi’s Hands Are Tied in Trade Talks With U.S.," 2 May 2018 Plus, state capitalism means the government can ensure the overemployment of otherwise inefficient labor. — Jeet Heer, The New Republic, "“We’re Going to See a Lot More Walls”," 24 Apr. 2018 Failure to find the right answers risks leaving the kingdom in limbo: an absolute monarchy with diminishing resources to fund an unsustainable version of state capitalism. — Donna Abu-nasr, Bloomberg.com, "Saudi Crown Prince Tells Investors He's Taking On Extremists," 25 Oct. 2017These 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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