State Capitalism

Definition of State Capitalism

The Canada social science dictionary [1] provides the following meaning of State Capitalism: A term proposed by critical sociologists and social theorists to describe the political and economic structure of Soviet-style communist systems. The core idea is that state ownership of the means of production, as in Russia and other previously communist regimes, did not lead to any emancipation of the workers but merely substituted bureaucratic domination by the state and state officials for that of owners of capital. See: COMMUNISM in this legal dictionary and in the world encyclopedia of law.

State Capitalism: Resources

Notes and References

• Drislane, R., & Parkinson, G. (2016). (Concept of) State Capitalism. Online dictionary of the social sciences. Open University of Canada