Source: CounterPunch
by David S D’Amato
“The term state capitalism does not have a single definition that is used with consistency and uniformity. The definitions that have been used depend on the context of the discussion, both historically and in terms of discipline or field, and the ideological commitments of the speaker or author. To understand state capitalism, it is necessary to survey the ways the state has shaped and participated in economic life within capitalist frameworks. Today, state actors around the world are adopting an aggressive economic strategy, investing heavily across sectors to position themselves optimally within the global capitalist system. State-owned enterprises (SOEs) have proliferated dramatically in recent years, growing in number and increasingly occupying positions as some of the top companies in the world.” (11/15/24)
https://www.counterpunch.org/2024/11/15/deconstructing-state-capitalism