State Capitalism
Not to be confused with Capitalist Communism and Dengism.
State Capitalism (StateCap) is an economic system in which the state takes an active role in commercial activity through the use of state-owned or state-managed for-profit enterprises. State capitalism can be partial (meaning that a state-owned co-exist with private ones) or full, which is called state monopoly capitalism (StateMoCap). State capitalism has been classified as both economically right-wing (as the means of production don't belong to the working class) and left-wing (as it is collectivist in nature).
History
State Capitalism is not a formal ideology with unifying theory, nor was it used in a self descriptive term. State Capitalism is believed by some to have first been used and coined, by Friedrich Engels, in his and Marx's book "Socialism: Utopic and Scientific". It was later on also used by many Anarchists, Left Communists, and Council Communists, in criticism of the USSR.
Modern use of the term usually refers to the economic system adopted by the "Four Asian Tigers" and Japan in the second half of the 20th century, where it was successful in rapidly industrialising and modernising those economies.
Beliefs
Due to the fact that beliefs vary, it's best that the ideology is divided into 3 groups: Those who believe in all industries should be run as private companies with the government as the sole shareholder, those who believe that government companies should compete with private companies in providing certain services, and those who believe in sovereign wealth funds, where the government invests in certain industries and uses the investments to build up savings.
How to Draw
The symbol of State Capitalism comes from a post on the r/vexillology subreddit by SekaiDarkness called "Flag of State Capitalism/Corporatism", the flag is supposed to symbolise an in between of capitalism and communism.
- Draw a ball and color the inside burnt orange or drab red.
- Draw a yellow left-facing cent symbol (¢) and a yellow arrow crossed through it.
- Draw the eyes.
You're done!
Relations
Friends
- Dengism - You carry my ideas so well!
- Neocameralism - Pretty much me but a bit more private.
- Cameralism - State-owned economy gang!
- Nordic Model - A one trillion dollar sovereign wealth fund? Truly beautiful!
- Corporatism - Thanks for teaching me all I know but why don't you call yourself state capitalist?
- Social Authoritarianism - Fellow regulated economy fan, we sometimes overlap.
- Social Corporatism - Best of Both worlds.
- Monarcho-Capitalism - I love Saudi Aramco!
- Afunism - The ZAMINT government must have input on the market to make sure that the nation as a whole is always benefiting.
Frenemies
- Capitalist Communism - I admit that I borrow elements from both, but only the good parts.
- Mercantilism - Even he thinks I'm too statist & that's says a lot.
- Corporatocracy - Basically me, but with more focus on pleasing the rich.
- State Socialism - My confused brother in denial.
- Authoritarian Capitalism - Not regulatory enough.
- Progress Party - A bit anti-statist for my taste but hey he really likes the oil fund[1].
- Autarchism - Every man a state... What the heck?
Enemies
- Anarcho-Communism - Calls any "socialist" state he dislikes me.
- Mutualism - Not wanting decentralized forces of production does not make me a fascist!
- Anarcho-Capitalism - Privatisation of industry? CRINGE!
- Anarchism - Anarchy? CRINGE!
- Agorism - Black markets? CRINGE!
Gallery
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Original image
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East-Asian Model
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Dirigisme
Further Information
Literature
Wikipedia
- State capitalism
- Socialism with Chinese characteristics
- State monopoly capitalism
- State-owned enterprise
- Dirigisme
- Corporatisation
- Sovereign wealth fund
- Monotown
- Economy of China
- Lotteries in the United States