I AM referring to it as government control of industry (if that government is democratic) but the difference is the recognition that this can occur in degrees of a spectrum, rather than all-or-nothing, totally-centralized-or-not over-simplification. It provides us with a better understanding of the forces at play and the various ways they may manifest. Besides, as I said, it’s already being used that way by those who advocate for it, and it’s being used the other way only by people who are against it.
For comparison, can you imagine only people who are anti-trans being able to determine the definitions of terminology trans people choose to use?