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Additionally, medicine and education became primary pieces of the new society post-Revolution, they were to exemplify the rhetoric of the "New Man" set forth by Che Guevara, a former doctor. [ 29 ] The original literacy campaign of 1961 was part of a broader plan for educating the population beyond simple literacy at a 1st grade level which was ...
These were the "internationalization" of capital (the growing interdependence of the world economy), and the "nationalization" of capital (the division of capital into national power blocs). The result of these tendencies would be large national blocs of capital competing within a world economy, [ 54 ] or in Bukharin's words:
Educational capital refers to educational goods that are converted into commodities to be bought, sold, withheld, traded, consumed, and profited from in the educational system. Educational capital can be utilized to produce or reproduce inequality, and it can also serve as a leveling mechanism that fosters social justice and equal opportunity.
A 2020 poll shows that a majority (63%) of Americans support a nationalized healthcare system. [5] A re-nationalization occurs when state-owned assets are privatized and later nationalized again, often when a different political party or faction is in power. A re-nationalization process may also be called "reverse privatization".
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 ...
Distributists advocate in favour of the return of a guild system to help regulate industries to promote moral standards of professional conduct and economic equality among members of a guild. Such moral standards of professional conduct would typically focus on business conduct, working conditions and other issues in relation to industry ...
Socialization of the ownership of the means of production is different from nationalization, which can, but usually does not imply the socialization of the workplace. In a capitalist economy, socialization is limited because the socialized enterprise continues to operate in a commodity economy under the capitalist laws of motion. [ 5 ]
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).