State Capitalism

Origin; late 20th century socialist academia and media.

A catchall euphemism ascribed by apologetic socialists to the destructive economic policy, human rights abuses and totalitarian dictatorship of every failed or remnant Marxist regime. Often employed despite the prohibition of private property, extreme economic intervention by the state, broad based central planning and state domination of all aspects of individual life under those oppressive Marxist dictatorships.

ThE ECoNomy oF tHe SoVieT uNioN WAs StATe CapitAliSm, lIkE cHiNA Is toDay. rEaL cOmMunIsM HaS nEvER bEeN triED.

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