Talk:State capitalism

where is the anarchist POV ?

"Modern capitalist production and bank speculation inexorably demand enormous centralization of the State, which alone can subject millions of workers to capitalist exploitation. (...) And just as capitalist production must, to avoid bankruptcy, continually expand by absorbing its weaker competitors and drive to monopolize all the other capitalist enterprises all over the world, so must the modern State inevitably drive to become the only universal State (...) They will concentrate all administrative power in their own strong hands (...); and they will create a central state bank, which will also control all the commerce, industry, agriculture, and even science. The mass of the people will be divided into two armies, the agricultural and the industrial, under the direct command of the state engineers, who will constitute the new privileged political-scientific class." Bakunin in "statism and anarchy" - about marxists views. (1873) (but it is a bad translation in english of the original work of bakunin ; the original is more clear).

New book

Ready to copy-paste:

== Further reading ==
{{Refbegin}}
*{{Cite book
  |last1= Musacchio  |first1= Aldo  |last2= Lazzarini  |first2= Sergio G.  |year= 2014
  |title= Reinventing State Capitalism: Leviathan in Business, Brazil and Beyond
  |location= Cambridge, MA  |publisher= [[Harvard University Press]]
  |isbn= 978-0-674-72968-1 }}
{{Refend}}

Marxist term

I do feel like this article currently has a left wing bent. If i overcorrected in my edit, please let me know :)

I do think, however, it should be stated in the first sentence that the term is primarily used in marxists circles as of today. TheBsati (talk) 22:50, 21 June 2024 (UTC)

From a quick survey, I see numerous mainstream (i.e. non-Marxist) sources using the term. Indeed, these are some of the first items that popped up on a Google Scholar search of "state capitalism":

• Ian Bremmer, "The Return of State Capitalism" Survival: Global Politics and Strategy (2008)
• Mike Wright et al., "State capitalism in international context: Varieties and variations" Journal of World Business (2021)
• Aldo Musacchio et al., "New Varieties of State Capitalism: Strategic and Governance Implications" Academy of Management Perspectives (2015)
• Joshua Kurlantzick, State Capitalism: How the Return of Statism is Transforming the World, Oxford University Press (2016).

Generalrelative (talk) 23:07, 21 June 2024 (UTC)

Central Planning vs. Markets

I don't think it is widely accepted in political science that the USSR or Maoist China were 'state capitalism.' The issue here is that talking about capitalism, without reference to markets, does seem to violate most definitions of capitalism and this point seems to get undue weight. Generally how I have seen the term used would be something like China's current economy, where large SOEs exist, many banks have the government as a major or dominant shareholder, etc. but most goods and services still reflect market price mechanisms instead of a central state directive.

Capitalism definition:

capitalism, economic system, dominant in the Western world since the breakup of feudalism, in which most means of production are privately owned and production is guided and income distributed largely through the operation of markets.

"We differentiate state capitalism from economic systems that rely on central forms of command, quotas, and centrally imposed prices (e.g., the USSR before 1989 reforms or China during the Mao Zedong era). Under state capitalism, the means of production are mostly privately owned, and actors and firms use markets and prices as the main coordination mechanisms in the economy." From:

Mike Wright et al., "State capitalism in international context: Varieties and variations" Journal of World Business (2021) Anthonyrolandb (talk) 04:47, 9 January 2025 (UTC)