Political capitalism

Political capitalism or Politically oriented capitalism is a concept introduced by Max Weber in his 1921 book Economy and Society to describe monetary profit-making through non-market means. In 2018, Holcombe describes political capitalism as an economic system in which the sharp distinction between states and markets is blurred.

Robert Brenner and Dylan Riley have characterized the post-1990 economy of United States as political capitalism, where raw 'political power' rather than 'productive investment' is the "key determinant of rate of return".

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