(noun) An economic system in which the state controls or owns for profit enterprises such as utilities (e.g. water and electricity) and transportation (e.g. buses and trains) or actively supports capitalist interests through market controls.
Audio Pronunciation: (state cap·i·tal·ism)
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- Also called:
- democratic socialism
- Word origin of “state” and “capitalism” – Online Etymology Dictionary: etymonline.com
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- Nealon, Jeffrey T. 2012. Post-Postmodernism: or, The Cultural Logic of Just-in-Time Capitalism.
- Trigilia, C. 2002. Economic Sociology: State, Market, and Society in Modern Capitalism. Oxford, United Kingdom: Blackwell.
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How to Cite the Definition of State Capitalism
ASA – American Sociological Association (5th edition)
Bell, Kenton, ed. 2013. “state capitalism.” In Open Education Sociology Dictionary. Retrieved December 12, 2018 (https://sociologydictionary.org/state-capitalism/).
APA – American Psychological Association (6th edition)
state capitalism. (2013). In K. Bell (Ed.), Open education sociology dictionary. Retrieved from https://sociologydictionary.org/state-capitalism/
Chicago/Turabian: Author-Date – Chicago Manual of Style (16th edition)
Bell, Kenton, ed. 2013. “state capitalism.” In Open Education Sociology Dictionary. Accessed December 12, 2018. https://sociologydictionary.org/state-capitalism/.
MLA – Modern Language Association (7th edition)
“state capitalism.” Open Education Sociology Dictionary. Ed. Kenton Bell. 2013. Web. 12 Dec. 2018. <https://sociologydictionary.org/state-capitalism/>.