High Quality Content by WIKIPEDIA articles! State capitalism is usually described as an economic system in which commercial (i.e: for-profit) economic activity is undertaken by the state, with management and organization of the means of production in a capitalist manner - maintaining the conditions of wage labor arising from centralized ownership, even if the state is nominally socialist. State capitalism is characterized by the dominance of state-owned business enterprises in the economy. Examples of state capitalism include corporatized government agencies (agencies organized along corporate and business management practices) and states that own controlling shares of publicly listed corporations, effectively acting as a large shareholder or a capitalist.