state socialism
Publicly owned industry
State socialism is an economic system in which the government owns and controls major industries and resources on behalf of society.
Unlike anarchist or libertarian forms of socialism that emphasize worker self-management, state socialism concentrates economic power in centralized institutions: The Soviet Union practiced state socialism with five-year plans directing production.
The term sometimes carries critical connotations, implying bureaucratic control rather than genuine worker ownership.
Government directs all production
- command economyState-controlled economic system
- nationalizationGovernment acquisition of industry
- public ownershipState-held property or enterprise
- five-year planHalf-decade strategic roadmap
planned economy · resource allocation · price controls · production quotas · economic planning · collectivization · industrial policy · autarky
German economic philosopher
- EngelsGerman socialist theorist
- LeninismVanguard-led revolutionary doctrine
- MaoismPeasant-centered communist doctrine
- StalinismTotalitarian Communist doctrine
Das Kapital · class struggle · dictatorship of the proletariat · revisionism · Trotskyism · Bolshevism · anti-capitalism · revolutionary theory
Jointly worked pooled land
- kibbutzIsraeli communal farm
- cooperativeJointly operated enterprise
- common ownershipShared control of assets
- communal propertyCollectively owned assets
Shifting assets across society
- progressive taxationRates increase with income
- land reformRedistributing agricultural holdings
- social equityFair distribution of opportunity
- income equalityEven wealth distribution
Public aid programs
- universal healthcareGuaranteed medical access nationwide
- public housingSubsidized homes for poor
- social securityPublic financial protection programs
- education fundingResources allocated for learning
unemployment benefits · pension system · poverty alleviation · social safety net · public goods · worker protections · cradle-to-grave
central planning
Government directs all production
- command economyState-controlled economic system
- nationalizationGovernment acquisition of industry
- public ownershipState-held property or enterprise
five-year plan · planned economy · resource allocation · price controls · production quotas · economic planning · collectivization · industrial policy · autarky · dirigisme
Marx
German economic philosopher
- EngelsGerman socialist theorist
- LeninismVanguard-led revolutionary doctrine
- MaoismPeasant-centered communist doctrine
Stalinism · Das Kapital · class struggle · dictatorship of the proletariat · revisionism · Trotskyism · Bolshevism · anti-capitalism · revolutionary theory
collective farming
Jointly worked pooled land
- kibbutzIsraeli communal farm
- cooperativeJointly operated enterprise
- common ownershipShared control of assets
communal property · collectivization · worker cooperatives · shared resources
wealth redistribution
Shifting assets across society
- progressive taxationRates increase with income
- land reformRedistributing agricultural holdings
- social equityFair distribution of opportunity
income equality · egalitarianism · classless society · economic equality
social services
Public aid programs
- universal healthcareGuaranteed medical access nationwide
- public housingSubsidized homes for poor
- social securityPublic financial protection programs
education funding · unemployment benefits · pension system · poverty alleviation · social safety net · public goods · worker protections · cradle-to-grave
- communismMarx, Marxism, Leninism, Lenin, proletariat
- socialismMarxism, communism, proletariat, bourgeoisie, communal ownership
- Communist StatesUSSR, Soviet Union, East Germany, GDR, DDR
- East GermanyStasi, GDR, DDR, Berlin Wall, East Germany
- leftismMarxism, communism, leftist, anarchism, communist
- Leftist IdeologiesMarxism, communism, Leninism, Maoism, Stalinism
state socialismmarket economy
Commerce-based economic system
free enterprise · capitalism · anarcho-capitalism · classical liberalism · libertarianism
state socialismlaissez-faire
Noninterference in commerce
free market · limited government · anarcho-capitalism · privatization · decentralization
state socialismprivate ownership
Individual control of assets
private property · individual ownership · private enterprise · corporate ownership · family enterprise
state, socialism, socialist, socialists, statehood, socialistic, state-owned