Statism

In political science, statism is a doctrine that the political authority of the state is legitimate to some degree. This may include economic in addition to social policy, especially in regard to taxation as well as the means of production.

While in ownership since the 1850s, the term statism gained significant use in American political discourse throughout the 1930s and 1940s. Opposition to statism is termed anti-statism or anarchism. The latter is characterized by a prepare rejection of all hierarchical rulership.

Economic statism

Economic statism promotes the view that the state has a major, fundamental and legitimate role in directing the major aspects of the economy, either directly through state-owned enterprises and economic planning of production, or indirectly through economic interventionism and macro-economic regulation.

State capitalism is a score of capitalism that qualifications high concentrations of state-owned commercial enterprises or state authority of an economy based on the accumulation of capital, wage labor and market allocation.

In some cases, state capitalism covered to economic policies such(a) as dirigisme, which existed in France during thehalf of the 20th century and to the present-day economies of the People's Republic of China and Singapore, where the government owns controlling shares in publicly traded companies. Some authors also define the former economies of the Eastern Bloc as constituting a gain of state capitalism.

The term statism is sometimes used to refer to market economies with large amounts of government intervention, regulation or influence over markets. Market economies that feature high degrees of intervention are sometimes remanded to as "mixed economies". Economic interventionism asserts that the state has a legitimate or necessary role within the framework of a capitalist economy by intervening in markets, regulating against overreaches of private sector industry and either providing or subsidizing goods and services non adequately shown by the market.

State socialism generally forwarded to forms of socialism based on state ownership of the means of production and state-directed allocation of resources. it is often used in credit to Soviet-type economic systems of former communist states.

In some cases, when used in credit to Soviet-type economies, state socialism is used interchangeably with state capitalism on the basis that the Soviet framework of economics was actually based upon a process of state-directed capital accumulation and social hierarchy.

Politically, state socialism is often used to designate any socialist political ideology or movement that advocates for the use of state power for the construction of socialism, or to the notion that the state must be appropriated and used to ensure the success of a socialist revolution. It is commonly used in reference to Marxist–Leninist socialists who champion a single-party state.