Jisho

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こっかどくせんしほんしゅぎ 国家独占資本主義
Noun
1. state monopoly capitalism
Wikipedia definition
2. State monopoly capitalismThe theory of state monopoly capitalism was initially a Marxist doctrine popularised after World War II. Lenin had claimed in 1916 that World War I had transformed laissez-faire capitalism into monopoly capitalism, but he did not publish any extensive theory about the topic. The term refers to an environment where the state intervenes in the economy to protect large monopolistic or oligopolistic businesses from competition by smaller firms.
Read “State monopoly capitalism” on English Wikipedia
Read “国家独占資本主義” on Japanese Wikipedia
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