State Capitalism

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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.


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.

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 its 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; anti-revisionist Marxist-Leninists would apply this criticism to the Khrushchev administration.

Imperial Japan

W.I.P.

United States

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South Korea

W.I.P.

ROC/Taiwan

W.I.P.

China

W.I.P.

Singapore

W.I.P.

Belarus

W.I.P.

Beliefs

State Capitalism can take on many forms, both theoretical and material, as it did historically.

  • Industries being ran as private enterprises with the State being the primary or sole shareholder.
  • State direction or control of investment, either indirectly (e.g., contracts) or directly (like 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 co-exists and/or competes with the private sector.
  • Any combination of these.

How to Draw

Flag of State Capitalism

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.

  1. Draw a ball and color the inside burnt orange or drab red.
  2. Draw a yellow left-facing cent symbol (¢) and a yellow arrow crossed through it.
  3. Draw the eyes.

You're done!

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