Today's state-capitalist governments hold huge blocks of shares in their favourite companies.

ECONOMIST: The East India Company

Globalised production lines, globalised labour markets, commodity markets, culture - all this acts like social superglue preventing any politician from even contemplating an overt protectionist or state-capitalist response.

BBC: Thinking outside the 1930s box

" By this they meant a modified capitalist system, characterized by considerable state intervention and the fabled "social safety net.

CENTERFORSECURITYPOLICY: Farewell to Europe

Most Europeans want to hear reassuring noises about the state taking matters in hand and curbing capitalist excess.

ECONOMIST: Europe and America

Recently another class has started to emerge, in which the state plays the role of a venture capitalist: local governments invest in or create funds that back companies that they hope will bring both jobs and financial returns.

ECONOMIST: Privatisation in China

The main problem, he argues, is that even nominally capitalist systems have, for better and worse, elements of state control.

ECONOMIST: For those who have lost faith

LANSING, Mich. (AP) Michigan's venture capitalist-turned-governor, Rick Snyder, needed just five months in office to slash his state's business taxes.

NPR: In Michigan, GOP Governor Finds A Tax To Like

Free markets are how many libertarians and anarcho-capitalist types have come to think of capitalism, but free markets are capitalism in a pure sense, sans state intervention and cronyism.

FORBES: Charles Johnson on Free-Market Anti-Capitalism