“State Capitalism” is a form of Socialist economy primarily categorized by a State’s participation in a market economy, heavily directing it. The NEP was used early on as the USSR was very underdeveloped, and Marxists believe markets serve as efficient tools for rapidly developing productive forces at lower stages of development. This was shifted away from after the NEP to a more Publicly Owned and Centrally Planned economy characteristic of traditional Marxian Sociailsm. There were still some small markets and small commodity producers, but by far the primary sector of the economy was in the Public Sector.
And also water is dry, the sky is red, and the earth is neither round nor flat, but a klein bottle.
“State Capitalism” is a form of Socialist economy primarily categorized by a State’s participation in a market economy, heavily directing it. The NEP was used early on as the USSR was very underdeveloped, and Marxists believe markets serve as efficient tools for rapidly developing productive forces at lower stages of development. This was shifted away from after the NEP to a more Publicly Owned and Centrally Planned economy characteristic of traditional Marxian Sociailsm. There were still some small markets and small commodity producers, but by far the primary sector of the economy was in the Public Sector.