State Capitalism on the 12 Axes

In state capitalism, markets and profits exist, but the government owns large firms, controls banks and sets industrial strategy. The term has been applied to the Soviet Union by some Marxist critics, and today most often to China after Deng Xiaoping's reforms, where state-owned enterprises dominate key sectors, to Vietnam, Russia and the Gulf states with national oil companies. Supporters credit the model with fast industrialization and infrastructure; critics note limited political freedom, surveillance and corruption. Compared with Authoritarian Capitalism, the state is an owner and planner rather than just a protector of private business. Compared with Leninism, it accepts profit, private firms and foreign investment instead of seeking full collective ownership.

• State Socialism 76%State socialism holds that the government should own the main industries and plan the economy, using a strong central state as the main tool for reaching social equality.
• Stalinism 71%Stalinism is the system of rule associated with Joseph Stalin: socialism in one country, rapid state-led industrialization, collectivized agriculture and total political control by one leader and party.
• Leninism 69%Leninism is the theory and practice of Vladimir Lenin: a disciplined vanguard party leads a revolution, takes state power and builds socialism through a dictatorship of the proletariat.
• Authoritarian Capitalism 69%Authoritarian capitalism combines a free-market, privately owned economy with a strong state that limits political freedoms, elections and opposition in the name of order and growth.