State-owned enterprise
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A state-owned enterprise or government-owned enterprise is a business entity created or owned by a central or local government, either through an executive order or legislation. SOEs aim to generate p
Paris Maison de la RATP
Three Acela trains at Washington Union Station
State capitalism
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State capitalism is an economic system in which the state undertakes business and commercial economic activity and where the means of production are nationalized as state-owned enterprises. The defini
State-owned enterprise
…accessible while earning profit (such as a state railway). They can be considered as government-affiliated entities designed to meet commercial and state capitalist objectives. SOEs are known under many other terms: state-owned company, state-owned entity, state enterprise, publicly owned corporation, government…
Friedrich Engels, who argued that state ownership does not do away with capitalism by itself
Mikhail Bakunin, who criticized state socialism as state capitalism, predicting that if the Marxists were successful in seizing power, they would create a party dictatorship
Wilhelm Liebknecht, who criticized Otto von Bismarck's State Socialism policy as being "really State capitalism"
Murray Rothbard, who advanced a right-libertarian analysis of state capitalism