State-Sponsored Capitalism

State-sponsored capitalism is when a government pours money into a certain sector of the economy regardless of the reason (e.g. bailout). It also refers to a monopoly on the monetary system, where there is only one type of currency deemed to be of legal tender within a given domain. In reality, state-sponsored capitalism is not capitalism at all as it dilutes the free market through subsidization and increases centralized control through a monopolistic monetary system.