The State and Dependent Capitalism

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Abstract
The twentieth century appears to be the era of the state. In contemporary capitalist societies it is difficult to distinguish the private from the public sector because the state is so intimately bound up with the structures and processes of both production and consumption. In the context of dependency, this has taken common expression as a syndrome of state capitalism, one important feature of which is extensive state ownership and operation of productive enterprises in conformance with capitalist criteria. A comprehensive theoretical argument about this phenomenon, the entrepreneurial state in the context of modern dependency, is outlined and schematically represented.

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