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Word: etatistics (lookup in dictionary) (lookup stats)
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Usage:

...Change. Turkey's willingness to try free enterprise marks a big change since the days of Dictator Kemal Ataturk, who tried to industrialize his nation through a cumbersome form of state socialism. The Turkish constitution, written in the 1920s, declared the nation to be "etatist" (i.e., state socialist). But as the Turks saw the disappointing returns of state socialism, the etatist ideology withered. In 1950 the voters elected Celal Bayar, an outspoken advocate of free enterprise, as President...

Author: /time Magazine | Title: BUSINESS ABROAD: Turkey Opens the Door | 3/1/1954 | See Source »

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