noun
neocapitalism
General term for a reformed or updated form of capitalism, often emphasizing social welfare, sustainability, or state intervention.
新資本主義の考え方は、格差是正を重視する。
The idea of neocapitalism emphasizes correcting inequality.
noun
New Capitalism (Kishida's concept)
Specific policy framework proposed by former Prime Minister Fumio Kishida, aiming for a virtuous cycle of growth and distribution. Often referred to as 新しい資本主義.
See also: 新しい資本主義
岸田首相は新資本主義の実現を掲げた。
Prime Minister Kishida advocated the realization of New Capitalism.
Compound of 新 (new) + 資本主義 (capitalism). The term gained prominence in the early 2020s as a political slogan.