Capitalist state in the context of "Industrialization in the Soviet Union"

⭐ In the context of Industrialization in the Soviet Union, a primary motivation for accelerating industrial development was to address a perceived imbalance with what type of economic system?

Ad spacer

⭐ Core Definition: Capitalist state

The capitalist state is the state, its functions and the form of organization it takes within capitalist socioeconomic systems. This concept is often used interchangeably with the concept of the modern state. Despite their common functions, there are many different sociological characteristics recognized as aspects of capitalist states.

The primary functions of the capitalist state are to provide a legal framework and infrastructural framework conducive to business enterprise and the accumulation of capital. Different normative theories exist on the necessary and appropriate function of the state in a capitalist economy, with proponents of laissez-faire favoring a state limited to the provision of public goods and safeguarding private property rights while proponents of interventionism stress the importance of regulation, intervention and macroeconomic stabilization for providing a favorable environment for the accumulation of capital and business.

↓ Menu

>>>PUT SHARE BUTTONS HERE<<<

👉 Capitalist state in the context of Industrialization in the Soviet Union

Industrialization in the Soviet Union was a process of accelerated building-up of the industrial potential of the Soviet Union to reduce the economy's lag behind the developed capitalist states, which was carried out from May 1929 to June 1941.

The official task of industrialization was the transformation of the Soviet Union from a predominantly agrarian state into a leading industrial one. The beginning of socialist industrialization as an integral part of the "triple task of a radical reorganization of society" (industrialization, economic centralization, collectivization of agriculture and a cultural revolution) was laid down by the first five-year plan for the development of the national economy lasting from 1928 until 1932.

↓ Explore More Topics
In this Dossier

Capitalist state in the context of Bourgeois revolution

Bourgeois revolution is a term used in Marxist theory to refer to a social revolution that aims to destroy a feudal system or its vestiges, establish the rule of the bourgeoisie, and create a capitalist state. In colonised or subjugated countries, bourgeois revolutions often take the form of a war of national independence. The Dutch, English, American, and French revolutions are considered the archetypal bourgeois revolutions, in that they attempted to clear away the remnants of the medieval feudal system, so as to pave the way for the rise of capitalism. The term is usually used in contrast to "proletarian revolution", and is also sometimes called a "bourgeois-democratic revolution".

↑ Return to Menu