"neocapitalism" meaning in English

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  "etymology_text": "From neo- + capitalism.",
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          "ref": "1964 October 30, “Neocapitalism”, in Time, archived from the original on 2008-03-02:",
          "text": "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 It has already made doctrinaire Marxism outdated, changed many socialists into business-minded pragmatists and made social workers out of many capitalists.",
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        "A politico-economic theory that combines capitalism with political policies designed to address some of the social inequities of unconstrained capitalism."
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        "(economics) A politico-economic theory that combines capitalism with political policies designed to address some of the social inequities of unconstrained capitalism."
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  "word": "neocapitalism"
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