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He believed that the "Spirit of 1914" manifested itself in the concept of the "People's League of National Socialism". [133] This National Socialism was a form of state socialism that rejected the "idea of boundless freedom" and promoted an economy that would serve the whole of Germany under the leadership of the state. [133]
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).
State socialism can be used to classify any variety of socialist philosophies that advocates the ownership of the means of production by the state apparatus, either as a transitional stage between capitalism and socialism, or as an end-goal in itself. Typically, it refers to a form of technocratic management, whereby technical specialists ...
Democratic socialism is a broad political movement that seeks to propagate the ideals of socialism within the context of a democratic system, as was done by Western social democrats, who popularized democratic socialism as a label to criticize the perceived authoritarian or non-democratic socialist development in the East, during the 19th and ...
It supports state interventionism into markets and private enterprise, alongside a fascist corporatist framework, referred to as a third position that ostensibly aims to be a middle-ground between socialism and capitalism by mediating labor and business disputes to promote national unity. 20th-century fascist regimes in Italy and Germany ...
[149] [r] When asked in a 1923 interview why Hitler called himself a National Socialist when the Nazi Party was "the very antithesis of that commonly accredited to socialism", Hitler responded: "Socialism is the science of dealing with the common weal. Communism is not Socialism. Marxism is not Socialism.
Although endorsing state socialism, Blatchford's Merrie England and his other writings were nonetheless influenced by anarcho-communist William Morris—as Blatchford himself attested to—and Morris' anarcho-communist themes are present in Merrie England. [38] Democratic socialists argue for a gradual, peaceful transition from capitalism to ...
Capitalism 1.0 during the 19th century entailed largely unregulated markets with a minimal role for the state (aside from national defense, and protecting property rights); Capitalism 2.0 during the post-World War II years entailed Keynesianism, a substantial role for the state in regulating markets, and strong welfare states;