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Corporations Serve the State: Sanction Policies and the Zionist Power Structure
21 Mar 2011; posted by the editor - Features


By James Petras
One of the key distinctions between a capitalist and a non-capitalist (socialist, feudal, absolutist state) economy is the separation of state and private enterprise. In a capitalist state, economic enterprises are supposed to operate according to market principles, seeking to maximize profits and expand market shares. The state is supposed to act on behalf of capitalist enterprises, ensuring their protection and furthering their pursuit of profits and markets.

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Tags: economy, capitalism, socialism
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