State Capitalism - Current Forms in 21st Century

Current Forms in 21st Century

State capitalism is distinguished from capitalist mixed economies where the state intervenes in markets in order to correct market failures or establish social regulations in the following way: in a state capitalist system, the state operates businesses for the purpose of accumulating capital and directing investment in the framework of either a free-market economy or a mixed-market economy. State and governmental functions are organized as corporations, companies or business enterprises.

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