“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.Origin; late 20th century socialist academia and media.
A catchall euphemism ascribed by apologetic socialists to the destructive economic policy, human rights abuses and totalitarian dictatorship of every failed or remnant Marxist regime. Often employed despite the prohibition of private property, extreme economic intervention by the state, broad based central planning and state domination of all aspects of individual life under those oppressive Marxist dictatorships.
A catchall euphemism ascribed by apologetic socialists to the destructive economic policy, human rights abuses and totalitarian dictatorship of every failed or remnant Marxist regime. Often employed despite the prohibition of private property, extreme economic intervention by the state, broad based central planning and state domination of all aspects of individual life under those oppressive Marxist dictatorships.
ThE ECoNomy oF tHe SoVieT uNioN WAs StATe CapitAliSm, lIkE cHiNA Is toDay. rEaL cOmMunIsM HaS nEvER bEeN triED.
by Smitty Jim October 12, 2019
Get the State Capitalism mug.A funny word from Communism
by dank me me me October 6, 2020
Get the State capitalism mug.It is a subject of debate whether state capitalism was the system of the Soviet Union and China, however I would argue that they were both state socialist (something that originated from these places)
by Donna tramp February 10, 2021
Get the State capitalism mug.Da classic "Maine state-capital excuse", in knock-knock-joke form:
Knock, knock.
Who's there?
Augusta!!!
Augusta, who?
Augusta wind musta blown all those things around --- I never touched 'em.
Knock, knock.
Who's there?
Augusta!!!
Augusta, who?
Augusta wind musta blown all those things around --- I never touched 'em.
by QuacksO February 15, 2023
Get the Maine state-capital excuse mug.The accumulated resources, privileges, and symbolic power derived from one's relationship to a state apparatus. State Capital takes multiple forms: citizenship itself (the ultimate form, conferring rights and protections), official positions (bureaucratic appointments, elected office), credentials issued by the state (licenses, certifications, passports), and the intangible authority of being recognized as a legitimate state actor. Those with abundant State Capital move through the world differently—borders open for them, paperwork processes faster, their words carry official weight. Those without it (stateless persons, undocumented immigrants, those with precarious status) experience the state as a barrier rather than a resource. State Capital explains why the same action—crossing a border, starting a business, getting married—is effortless for some and impossible for others, based entirely on their accumulated capital in relation to states.
Example: "They arrived at the border together. His passport (State Capital from a wealthy nation) got him through in minutes. Her documents (precarious status, refugee claim) meant hours of questioning. The difference wasn't personal; it was pure State Capital."
by Dumu The Void March 12, 2026
Get the State Capital mug.The accumulated resources and advantages that flow from membership in a nation-state that successfully combines cultural identity with political sovereignty. Nation State Capital includes everything from the practical (a passport that matches your identity, so you're never questioned as belonging) to the symbolic (the psychological security of being in the majority, of seeing your culture reflected in institutions, of never being asked "where you're really from"). Those with abundant Nation State Capital experience their identity and their citizenship as seamless—they don't have to explain, justify, or defend their belonging. Those without it (national minorities within states, diasporic communities, stateless nations) experience constant friction: their national identity and their state membership don't align, and this misalignment costs energy, opportunity, and sometimes safety. Nation State Capital explains why nationalism feels different for majority and minority nations—one group experiences their identity as naturally sovereign; the other experiences it as a struggle for recognition.
Example: "He never thought about his nationality until he met someone from a stateless nation. His Nation State Capital was so abundant he didn't even notice it—his identity and his citizenship had always matched perfectly, so he assumed that was just how the world worked."
by Dumu The Void March 12, 2026
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