Current Forms in 21st Century
State capitalism is distinguished from capitalist mixed economies where the state intervenes in markets in order to correct market failures or establish social regulations in the following way: in a state capitalist system, the state operates businesses for the purpose of accumulating capital and directing investment in the framework of either a free-market economy or a mixed-market economy. State and governmental functions are organized as corporations, companies or business enterprises.
Read more about this topic: State Capitalism
Famous quotes containing the words current, forms and/or century:
“Reputation runs behind the current state of affairs.”
—Mason Cooley (b. 1927)
“The call of death is a call of love. Death can be sweet if we answer it in the affirmative, if we accept it as one of the great eternal forms of life and transformation.”
—Hermann Hesse (18771962)
“The geometry of landscape and situation seems to create its own systems of time, the sense of a dynamic element which is cinematising the events of the canvas, translating a posture or ceremony into dynamic terms. The greatest movie of the 20th century is the Mona Lisa, just as the greatest novel is Grays Anatomy.”
—J.G. (James Graham)