[duggan]

And perhaps "state capture", which is a term I first heard from South Africans.

Edit: incidentally, only mentioning SA as academics there developed the theory around it, to the best of my knowledge.

[SideburnsOfDoom]

Yep. 3 Months ago:

> The implicit justification for valuing Tesla now is not "we sell good cars", it is state capture.

https://news.ycombinator.com/item?id=43023325

Indeed I also heard it in context of South Africa. But Wikipedia also has other, earlier examples too.