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Nationalisation(within the socialist mode of production)is the process whereby the control over the means of production and agriculture is shifted into the hands of the proletarian state and the entire working class in accordance with the dictatorship of the proletariat. | '''Nationalisation''' (within the [[socialist]] [[mode of production]]) is the process whereby the control over the [[means of production]] and [[agriculture]] is shifted into the hands of the [[Socialist state|proletarian state]] and the entire [[working class]] in accordance with the [[dictatorship of the proletariat]]. | ||
== Nationalisation under capitalism == | == Nationalisation under capitalism == | ||
Nationalisation of the means of production under capitalism, creates another strand of | Nationalisation of the means of production under [[capitalism]], creates another strand of capitalism—[[state capitalism]]. | ||
[[Category:Economic concepts]] | |||
Latest revision as of 22:10, 23 November 2024
Nationalisation (within the socialist mode of production) is the process whereby the control over the means of production and agriculture is shifted into the hands of the proletarian state and the entire working class in accordance with the dictatorship of the proletariat.
Nationalisation under capitalism[edit | edit source]
Nationalisation of the means of production under capitalism, creates another strand of capitalism—state capitalism.