turbocapitalism

Noun

turbocapitalism (uncountable)

1. An accelerated form of capitalism that lacks measures to keep the system in equilibrium and prevent social unrest.
   • It was not until the end of the 1970s that today's roaring turbo-capitalism was unleashed by the abolition of anti-competition laws and regulations left over from the 1930s, by the technological innovations thus allowed, by the privatization of whatever could be privatized, and by the removal of...1999, Edward Luttwak, Turbo-Capitalism: Winners and Losers in the Global Economy, New York: Harper Collins, →ISBN, page 1
   • Instead, he [Barack Obama] and [Gordon] Brown stand together, supposedly the representatives of Anglo-American turbocapitalism, struggling to push the statist French and Germans—and this is the bit that was in nobody's script—leftward.2009 March 31, Jonathan Freedland, “Where is the new JFK we expected? He's stuck in a rut with Gordon Brown”, in The Guardian