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After Russia reverts to centrally planned and state driven economy, all of a sudden economic growth in Russia is beating the west. (www.telegraph.co.uk)

submitted 9 months ago by [email protected] to c/[email protected]

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[–] [email protected] 5 points 9 months ago

What matters is if capital controls the government. The state can manage the economy in the interests of the capitalists or the workers. It can manage it to a greater or lesser extent. State run companies would make it a greater extent, but its socialist or capitalist character is in who controls the government and where the surplus goes.

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