[Capitolism] is an ironic reference to an economy in which market forces are subsumed to political interests in Washington. The term is derived from Karl Marxs term for a private enterprise-based economy, Capitalism, and the name of the building in which the U.S. Congress meets, the Capitol.
Similar to [crony capitalism], [capitolism] isnt capitalism and it isnt quite socialism, but combines some of the worst aspects of both systems. A business that makes decisions based on what will earn it subsidies from Washington, rather than supply and demand, is [capitolist].

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