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The capitalist state is the state, its functions and the form of organization it takes within capitalist socioeconomic systems. [1] This concept is often used interchangeably with the concept of the modern state.
State capitalism is an economic system in which the state undertakes business and commercial (i.e., for-profit) economic activity and where the means of production are nationalized as state-owned enterprises (including the processes of capital accumulation, centralized management and wage labor).
Lenin insists in The State and Revolution (1917) that state monopoly capitalism is not a development beyond capitalism but a manifestation of it, countering liberal and social-democratic politicians who characterised this economic development as state socialism, [4] for example with regard to the so-named State Socialism initiatives in the ...
State capitalism is a capitalist market economy dominated by state-owned enterprises, where the state enterprises are organized as commercial, profit-seeking businesses. The designation has been used broadly throughout the 20th century to designate a number of different economic forms, ranging from state-ownership in market economies to the ...
Key parameters of debate include: the extent to which capitalism is natural, versus the extent to which it arises from specific historical circumstances; whether its origins lie in towns and trade or in rural property relations; the role of class conflict; the role of the state; the extent to which capitalism is a distinctively European ...
Examples of previous direct communist or socialist party rule in non-socialist multi-party democracies include: Republic of San Marino (Sammarinese Communist Party, 1945–1957, 1978–1990) Indonesia (Socialist Party, 1945–1948) Union of Burma (Anti-Fascist People's Freedom League, 1948–1962)
Today, there is not a single successful socialist country on Earth, although, following the loosest interpretation, Bolivia could be considered the lone example. “Capitalism, free trade and ...
Developmental state, or hard state, is a term used by international political economy scholars to refer to the phenomenon of state-led macroeconomic planning in East Asia in the late 20th century. In this model of capitalism (sometimes referred to as state development capitalism), the state has more independent, or autonomous, political power ...