Definitions mean something, and so I use them. South Korea is a top down capitalism. The state chose which monopolies they wish to support. The state directs the markets there.
Every government subsidizes their key industries and monopolies. Research US and corn subsidies, telecom monopolies, the UK and the RBS fiasco or the Government Pension Fund of Norway.
Every nation backs it's own agriculture so that if the worst case scenarios happen a nation can feed itself.
