State capitalism has also come to be used sometimes interchangeably with state monopoly capitalism to describe a system where the state intervenes in the economy to protect and advance the interests of big business and large-scale businesses. Noam Chomsky, applies the term 'state capitalism' to the economy of the United States, where large enterprises that are deemed "too big to fail" receive publicly funded government bailouts that mitigate the firms' assumption of risk and undermine market laws, and where private production is largely funded by the state at public expense, but private owners reap the profits. This practice is in contrast with the ideals of both socialism and "laissez-faire" capitalism.