Dictionary

neocapitalism en · NOUN

Etymology

From neo- + capitalism.

Meanings

1. (uncountable) A politico-economic theory that combines capitalism with political policies designed to address some of the social inequities of unconstrained capitalism.
   • Neocapitalism is a blend of expansive private enterprise, extensive social-welfare programs and selective government intervention-a syncretism of capitalism's proven methods with some of socialism's less extreme aims. It has already made doctrinaire Marxism outdated, changed many socialists into business-minded pragmatists and made social workers out of many capitalists. 1964 October 30, “Neocapitalism”, in Time, archived from the original on 02 Mar 2008:

Forms

Relateds

neocapitalistic · neocapitalist