Not to be confused with
Capitalist Communism and
Dengism.
State Capitalism (condensed to StateCap and also known as Dirigisme) is an economic system where the state plays an active role in business or commercial activity. This can be direct in the form of state-owned enterprises or companies where the state has controlling shares, in an indirect form of the state planning through government agencies organized along for-profit and business management lines, or through state-sponsored private business activities. If the state owns or controls all the means of production or is the primary shareholder, this is called state monopoly capitalism (StateMoCap). State capitalism is usually seen as 
economically center since it denies the means of production to workers, yet is often collectivist in nature.
Variants
Dirigisme
Dirigerism or Dirigisme (from French diriger, "to direct") is an economic system in which the national government plays an imperative role in directing and coordinating the economy through public policy. By utilizing market instruments like taxation and monetary investment, the state is understood to be capable of correcting inefficiency and failures commonly found among tradition free-market economics, while also achieving it's desired material objectives.
East Asian Model
The East Asian model pioneered by Japan, is a plan for economic growth whereby the government invests in certain sectors of the economy in order to stimulate the growth of specific industries in the private sector. It generally refers to the model of development pursued in East Asian economies such as Japan, South Korea and Taiwan. It has also been used by some to describe the contemporary economic system in Mainland China after Deng Xiaoping's economic reforms during the late 1970s and the current economic system of Vietnam after its Đổi Mới policy was implemented in 1986.
World Economic Forum
The World Economic Forum promotes a form of State Capitalism called Stakeholder Capitalism. Mariana Mazzucato and Klaus Schwab, both members of the organization, promote it. It calls for a 
globalist form of 
Corporatism, in which the interests of society's stakeholders are accounted for in economic decisions (shareholders, local communities, customers, and workers). Klaus calls for 
worker and 
government representation on 
corporate boards in his book "Stakeholder Capitalism." He also calls for 
food-based protectionism to reduce waste, switching to 
green energy through market incentives, and 
private-public sector cooperation in "The Great Reset." Mazzucato in her book "The Entrepreneurial State" favors the 
public sector playing a stronger role in commercial and innovative activities.
History
State Capitalism is not a formal ideology with unifying theory, nor is 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.
In the modern day state capitalism has been used to described countries like 
Taiwan, 
South Korea, and 
China. Critics of 
United States, such as Noam Chomsky, believe it is state capitalist since government backs big business interests while playing a substantial role in development (e.g., bailouts and public research respectively). 
Libertarian socialists also describe the 
Soviet Union as state capitalist for centralizing surplus value extraction and commodity production. 
Trotskyists also erroneously apply this criticism to 
USSR during Stalin's reign, while 
anti-revisionist Marxist-Leninists would do the same to 
the Khrushchev administration and 
later administrations.
France 
Before World War II, France had a 
capitalist economic system with many small, family-owned companies that were not as efficient as larger industrial groups in other countries like 
Germany and the United States. The war devastated France, with industries and infrastructure being destroyed or seized by 
Germany, and the country facing the prospect of long-term rationing in the aftermath. Some French businesses and politicians lost credibility after collaborating with the German occupiers during the war.
After the war, French governments of all political stripes sought to modernize and develop the country's economy, with the goal of matching the advanced economy of the United States. The French government implemented dirigisme, a policy of 
strong government intervention in the economy, to achieve this goal. This policy approach was accompanied by the development of 
Meritocracy and 
Technocracy, with elite state-trained administrators and engineers taking leadership roles in industry.
During the 1945-1975 period, known as the "Glorious Thirty," France experienced significant economic growth and a population boom. Dirigisme was supported by 
conservative governments led by 
Charles de Gaulle and 
Georges Pompidou, and seen as a compromise between American policies of minimal government intervention and Soviet policies of total state control. In 1981, Socialist president 
François Mitterrand was elected and pursued dirigisme policies, including nationalizing industries and 
banks. However, economic difficulties and inflation led the government to abandon dirigisme in 1983 and adopt austerity measures instead. Dirigisme has not been widely supported by subsequent French governments, though some elements of it remain in place.
Imperial Japan 
W.I.P.
South Korea 
W.I.P.
ROC/Taiwan 
W.I.P.
China 
Socialism with Chinese Characteristics is a set of political theories and policies of the 
Chinese Communist Party that are seen by their proponents as representing Marxism-Leninism adapted to Chinese circumstances and specific time periods, consisting of 
Deng Xiaoping Theory, 
Three Represents, 
Scientific Outlook on Development, and 
Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era.
Singapore 
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W.I.P.
Belarus 
W.I.P.
Beliefs
State Capitalism can take on many forms, both theoretical and material, as it did throughout history:
- Industries being ran as private enterprise, with the state being it's primary or sole shareholder.
- State direction or control of investment, either indirectly (e.g., through contracts) or directly (sovereign wealth funds).
- "Privatization" of the State, so it operates as a single, for-profit economic monopoly.
- Implementing decentral or central planning, while maintaining private resource ownership and markets.
- A strong, for-profit public sector that co-exists and/or competes with the private sector.
- ^Any combination of the above.
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 symbolize an balance between economics 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. But countries such as Brazil and Iraq prospered in the past because of effective centralization and economic bureaucracy.
Authoritarian Capitalism - Not regulatory enough. Although 
Morales-Bermúdez did good when partially keeping the 
Velascoist economy, but without the leftist stuff (I am an economic centrist anyway), unlike those 
Fujimorists who deregulated the economy.
Progress Party - A bit anti-statist for my taste but hey he really likes the oil fund[1].
Leninism - Thanks for implementing the NEP, but why do you say it’s only temporary??
Enemies
Market Socialism - Literally my opposite.
Distributism - Similar to the guy above.
Anarcho-Communism - Calls any "socialist" state he dislikes me.
Mutualism - Centralized forces of production does not make me a fascist!
Anarcho-Capitalism - Privatization of industry?! And fuck your deregulations, Anarkiddy!
Anarchism - Anarchy? CRINGE!
Agorism - Black markets? CRINGE!- [[File:Libertarian.png]] [[Libertarianism]] - I am not an oxymoron!
Gallery
Portraits and Artwork
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Original image
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Alternative designs
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East-Asian Model
![[[File:Libertarian.png]]](https://polcompball.miraheze.org/wiki/File:Libertarian.png){kind=link}
Further Information
Literature
- Imperialism, the Highest Stage of Capitalism by Vladimir Lenin
- The Fourth Industrial Revolution by Klaus Schwab
- COVID-19: The Great Reset by Klaus Schwab
- Stakeholder Capitalism: A Global Economy that Works for Progress, People and Planet by Klaus Schwab
- The Great Narrative: For a Better Future by Klaus Schwab
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