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  2. State capitalism - Wikipedia

    en.wikipedia.org/wiki/State_capitalism

    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).

  3. Socialist market economy - Wikipedia

    en.wikipedia.org/wiki/Socialist_market_economy

    They concluded that China's contemporary economic system represents a form of capitalism rather than market socialism because: (1) financial markets exist which permit private share ownership—a feature absent in the economic literature on market socialism; and (2) state profits are retained by enterprises rather than being distributed among ...

  4. Market socialism - Wikipedia

    en.wikipedia.org/wiki/Market_socialism

    The Chinese experience with socialism with Chinese characteristics is frequently referred to as a socialist market economy where the commanding heights are state-owned, but a substantial portion of both the state and private sectors of economy are governed by market practices, including a stock exchange for trading equity and the utilization of ...

  5. Economy of China - Wikipedia

    en.wikipedia.org/wiki/Economy_of_China

    The economy of the People's Republic of China is a developing mixed socialist market economy, incorporating industrial policies and strategic five-year plans. [29] China is the world's second largest economy by nominal GDP and since 2016 has been the world's largest economy when measured by purchasing power parity (PPP).

  6. Socialist economics - Wikipedia

    en.wikipedia.org/wiki/Socialist_economics

    Public enterprise state-managed market economy, one form of market socialism which attempts to use the price mechanism to increase economic efficiency while all decisive productive assets remain in the ownership of the state, e.g. the socialist market economy in China and the socialist-oriented market economy in Vietnam after reforms.

  7. Socialism with Chinese characteristics - Wikipedia

    en.wikipedia.org/wiki/Socialism_with_Chinese...

    According to party theorists, since China adopted state ownership when it was a semi-feudal and semi-colonial country, it is claimed to be in the primary stage of socialism. [31] Because of this, certain policies and system characteristics—such as commodity production for the market, the existence of a private sector and the reliance of the ...

  8. State socialism - Wikipedia

    en.wikipedia.org/wiki/State_socialism

    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 ...

  9. Social market economy - Wikipedia

    en.wikipedia.org/wiki/Social_market_economy

    The social market economy (SOME; German: soziale Marktwirtschaft), also called Rhine capitalism, Rhine-Alpine capitalism, the Rhenish model, and social capitalism, [1] is a socioeconomic model combining a free-market capitalist economic system alongside social policies and enough regulation to establish both fair competition within the market and generally a welfare state.