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State Capitalist Analysis—Before The Russian Revolution, In Reaction To Stalin’s Consolidation Of Power, And After The Cold War

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Chapter Summary

Leviathan mirrors a key aspect of state capitalism to the extent that powerful states (official governments) enable highly centralized forms of Capitalism. In the second of two Russian revolutions of 1917, the Bolshevik faction of the Russian Social-Democratic Labor Party overthrew a Menshevik-led Provisional Government that came to power earlier in the year. Writing pseudonymously at the end of the first decade of the Cold War, Ygael Gluckstein elaborately distinguished between monopoly capitalism, pure capitalism, state capitalism, and state monopoly capitalism. In Dunayevskaya's analysis, Josef Stalin, Nikolai Bukharin and other self-described socialist or communist rulers of the USSR had quickly become a collective capitalist elite whose use of nationalized property controlled the masses while resisting direction from them.

Keywords: Cold War; Russian revolution; state capitalist; USSR



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