"State capitalism" is where the state, or government, stays out of business and allows only natural economic forces to control the economy.

True or False

State capitalism is an economic system in which the state undertakes commercial economic activity and where the means of production are organized and managed as state-owned business enterprises (including the processes of capital accumulation, wage labor and centralized management), or where there is otherwise a dominance of corporatized government agencies (agencies organized along business-management practices) or of publicly listed corporations in which the state has controlling shares.[1] Marxist literature defines state capitalism as a social system combining capitalism with ownership or control by a state—by this definition, a state capitalist country is one where the government controls the economy and essentially acts like a single huge corporation, extracting the surplus value from the workforce in order to invest it in further production.[2] This designation applies regardless of the political aims of the state (even if the state is nominally socialist)[3] and some scholars argue that the modern People's Republic of China constitutes a form of state capitalism[4][5][6][7] or that the Soviet Union failed in its goal to establish socialism, but rather established state capitalism.[3][8][9]

So therefore the answer is FALSE

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