§ Cell № 15 of 81
Row 2, Col 6
Economic: Lib-cap
Governance: Authoritarian
Coords: X+1 · Y+3
Economic: Lib-cap
Governance: Authoritarian
Coords: X+1 · Y+3
Descriptor
State
Capitalist
“Markets under political control.”
Exemplars · 2 ↓
§ 01
The Idea
What State Capitalist actually means.
State Capitalism allows private enterprise but ensures key industries remain under state control, with economic policies serving government power rather than private wealth accumulation.
Modern China, particularly under Xi Jinping, is a prime example of State Capitalism. While Deng Xiaoping's reforms opened the economy to foreign investment and private enterprise, the government retains major ownership in crucial sectors like banking, energy, and telecommunications.
§ 02 · Tenets
Core commitments.
01
Markets used as tools of state strategy.
02
State-owned enterprises in strategic sectors.
03
Industrial policy directs investment.
04
Capital flows managed; not free.
05
Political control over major firms.
§ 03 · Position
Where it sits on the grid.
Economic axis — X+1
LIB-CAP
Full collectivisationUnfettered markets
Governance axis — Y+3
AUTHORITARIAN
Total controlNo state at all
§ 04 · Reading List
Canon & critics.
§ Canon
- How China Escaped Shock TherapyIsabella M. Weber2021 · ~340 pp
- The End of the Free MarketIan Bremmer2010 · ~240 pp
§ Critics
- Capitalism, Socialism and DemocracyJoseph Schumpeter1942 · ~430 pp
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