Search results
Results from the WOW.Com Content Network
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).
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.
John C. Norcross is among the psychologists who have simplified the balance sheet to four cells: the pros and cons of changing, for self and for others. [19] Similarly, a number of psychologists have simplified the balance sheet to a four-cell format consisting of the pros and cons of the current behaviour and of a changed behaviour. [20]
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 ...
Such systems are described as state capitalism because the state engages in capital accumulation, primarily as part of the primitive accumulation of capital (see also the Soviet theory of primitive socialist accumulation). The difference is that the state acts as a public entity and engages in this activity to achieve socialism by re-investing ...
In modern practice, social democracy has taken the form of predominantly capitalist economies, with the state regulating the economy in the form of welfare capitalism, economic interventionism, partial public ownership, a robust welfare state, policies promoting social equality, and a more equitable distribution of income.
However, despite Rothbard's claims, Marxists do make a distinction between free-market capitalism and state capitalism. [95] The term state capitalism was first used by Marxist politician Wilhelm Liebknecht in 1896 [96] and Friedrich Engels, who developed Marxist theory, talked about capitalism with state ownership as a different form of ...
A property-owning democracy differs to a system of welfare-state capitalism, in which the state guarantees a social minimum but does not significantly intervene in the free market. [ 2 ] : 180 Welfare-state capitalism is based upon a redistribution of income through means tested social welfare , as opposed to a reallocation of productive ...