noun
state monopoly capitalism
A Marxist term for a stage of capitalism where the state intervenes to protect monopolies and the interests of the capitalist class.
レーニンは国家独占資本主義を帝国主義の最高段階と見なした。
Lenin regarded state monopoly capitalism as the highest stage of imperialism.
Compound of 国家 (state) + 独占 (monopoly) + 資本主義 (capitalism). A calque from Western Marxist terminology.