Neocapitalism
noun ·Rare ·Advanced level
Definitions
- 1 A politico-economic theory that combines capitalism with political policies designed to address some of the social inequities of unconstrained capitalism. uncountable
"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 It has already made doctrinaire Marxism outdated, changed many socialists into business-minded pragmatists and made social workers out of many capitalists."
Example
More examples"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 It has already made doctrinaire Marxism outdated, changed many socialists into business-minded pragmatists and made social workers out of many capitalists."
Etymology
From neo- + capitalism.
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Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.