“State capitalism” is a term that’s been used for over 100 years by economists and others to describe a system where the state employs the workers, pays their wages, sells what’s produced to make profits etc (instead of private employers doing this). Many people don’t know that what came about it Russia, China, Cuba, North Korea etc was state capitalism, and was never socialism or communism (i.e. a society where the people collectively own and control the means of production). In fact, the class-free, state-free, money-free socialism/communism that Marx and Engels wanted and wrote about, has not yet begun.
Those people who ludicrously think Russia had socialism or communism should read a history book about Lenin, then they would realise that he repeatedly said he wanted "state capitalism" for Russia and he said that it would be "a great success".
by Economics Professor February 24, 2023
Get the State capitalism mug.by im a god damn ostrich November 10, 2020
Get the Whats the capital of Thailand mug.Related Words
Capio
• Capiones
• Capiosexual
• Bianca capiobianco cacao
• capitalism
• capitalist
• Caio
• Capcom
• Capital
• caping
Fool #1 - Ha, ha. Due to my capitalist greed I now have enough to live off for several lifetimes.
Fool #2 - Ha, ha. Due to my capitalist greed I got a double portion of bread soup from this soup-kitchen someone else provides for me. Ha, ha.
Fool #2 - Ha, ha. Due to my capitalist greed I got a double portion of bread soup from this soup-kitchen someone else provides for me. Ha, ha.
by cantmakeme April 22, 2010
Get the capitalist mug.Anarcho-capitalism is just capitalism without any regulations. Basically, if we lived in such a system, it would be 10 times worse than what we have now.
by Striker122 June 22, 2009
Get the anarcho-capitalism mug.A very flawed economic system in which the big bad businesses and the greedy entrepreneurs own everybody’s ass and they can let you starve. It is referred to by some as the most free economic system. To the contrary, man is not free if he is dead, and capitalism lets the man starve to death.
Me: “A very flawed economic system in which the big bad businesses and the greedy entrepreneurs own everybody’s ass and they can let you starve. It is referred to by some as the most free economic system. To the contrary, man is not free if he is dead, and capitalism lets the man starve to death.”
by condoms r too small for me July 29, 2018
Get the Capitalism mug.A magical creature much like a Unicorn. As in it doesnt exist, and cannot exist, because the two things create a paradox
Dude i saw an Anarcho capitalist riding a unicorn in the magic fairy forest that was swallowed up by a rip in the fabric of the universe
by Punkasfuck August 24, 2006
Get the Anarcho Capitalist mug.Special with a Capital 'R' or Rspecial means a retarded person whose "special".
Especially, when that person doesn't understand the "R" part.v
Especially, when that person doesn't understand the "R" part.v
person #1: "Did you see that guy over there? what's up with him?"
person #2: "Don't worry, he's special with a capital 'R'."
or
person #1: "How do you spell "difficult"?"
person #2: "...Are you Rspecial or something?"
person #2: "Don't worry, he's special with a capital 'R'."
or
person #1: "How do you spell "difficult"?"
person #2: "...Are you Rspecial or something?"
by xsrykdvgyugboubm May 17, 2011
Get the special with a capital 'R' mug.