"If we are to keep the term ‘capitalism’ at all, then, we must distinguish between ‘free-market capitalism’ on the one hand, and ‘state capitalism’ on the other. The two are as different as day and night in their nature and consequences. Free-market capitalism is a network of free and voluntary exchanges in which producers work, produce, and exchange their products for the products of others through prices voluntarily arrived at. State capitalism consists of one or more groups making use of the coercive apparatus of the government — the State — to accumulate capital for themselves by expropriating the production of others by force and violence."
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Murray Rothbard, as quoted in Outside Looking In: Critiques of American Policies and Institutions, Left and Right, edited by D.B. James, New York: Harper and Row (1972) pp. 60-74.
https://en.wikiquote.org/wiki/State_capitalism
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State capitalism
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