Except that is not the principle in either country. There are plenty of cases where the state is in principle in control, or actually in control. Russia, similar to other economies, such as fascist Italy or China is structured in such away where you can exist as a "private" company as long as you ultimately bow to the state. You could also put many of the gulf states into that club. If socialism is not "when government does stuff" then capitalism is not "when rich people"