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Pronunciation varies by accent · noun
(economics) 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 It has already made doctrinaire Marxism outdated, changed many socialists into business-minded pragmatists and made social workers out of many capitalists.
Use neocapitalism when its meaning, tone and grammar fit the full sentence. A synonym is not always a direct replacement.
Neocapitalism means (economics) A politico-economic theory that combines capitalism with political policies designed to address some of the social inequities of unconstrained capitalism..
The closest synonym depends on the sentence and intended sense.
The opposite depends on the specific sense.
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 It has already made doctrinaire Marxism outdated, changed many socialists into business-minded pragmatists and made social workers out of many capitalists.
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