The Ati-thesis , Marxism
"By that definition, a state capitalist country is one where the government controls the economy and essentially acts like a single huge corporation, extracting the surplus value from the workforce in order to invest it in further production. Friedrich Engels, in Socialism: Utopian and Scientific, argues that state capitalism would be the final stage of capitalism consisting of ownership and management of large-scale production and communication by the bourgeois state."
Quoted from Wikepedia
Sunday, September 14, 2014
How is State Capitalism working out in Maine?
Under state capitalism cloaked in the language of quasi's and public-private relationships. the Maine State legislature accommodates the interests of state capitalism and/or it's chosen private beneficiaries by routinely rewriting the laws. When the state liquor contract laws were re-written to accommodate one company while making the incentives system of another bidder illegal, why was Governor Lepage so disappointed that there was only one bidder- the one for which the law was tailor made?