State capitalism

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Wilhelm Liebknecht - "Nobody has combatted State Socialism more than we German Socialists"

The term state capitalism has various meanings, but is usually described as commercial (profit-seeking) economic activity undertaken by the state with management of the productive forces in a capitalist manner, even if the state is nominally socialist. State capitalism is usually characterized by the dominance or existence of a significant number of state-owned business enterprises. Examples of state capitalism include Corporatized government agencies (agencies organized along corporate and business management practices) and states that own controlling shares of publicly listed corporations, effectively acting as a large capitalist and shareholder itself.

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