The state as Engels described it, is “the ideal personification of the total national capital.” (Socialism: Utopian and Scientific) and...

Following on from the previous blog-post on co-operatives, the other panacea often presented is state-capitalism, sometimes described by...

The term “State capitalism” (sometimes misleadingly designated as State Socialism) is an economic form in which the state performs the role...

In an earlier post we discussed nationalisation, it is worth going into such an economy where the state is the main owner. Socialists env...

“It was our lifelong dream coming true. It was a utopia. We were for it 100 per cent. What celebrations there were! The industry which ha...

"As a party member, I will work hard and teach other people how to get rich together and let more people benefit by getting rich,"...

For much of the last decade, while Bo Xilai , Communist Party chief in the city of Chongqing, a large metropolis with province status, and ...