The UK is just capitalist. As for state communism, that is what all communist nations are. No private property rights, with the state giving direction.
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.
Your claims have no basis in reality.
The US, UK, Sweden, China, and South Korea are both mixed economies. They exist on a spectrum of control and free market.
Here is some backgroundinfo:
Of course. I didn't mean to imply otherwise. I was talking about how South Korean capitalism is different. State directed from the top down to keep the monopolies they back.
