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== | '''Nationalization''' (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]]. | ||
== Nationalization under capitalism == | |||
Nationalization of the means of production under [[capitalism]], creates another strand of capitalism—[[state capitalism]]. | |||
[[Category:Economic concepts]] | [[Category:Economic concepts]] | ||
Revision as of 14:48, 13 July 2025
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Nationalization (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.
Nationalization under capitalism
Nationalization of the means of production under capitalism, creates another strand of capitalism—state capitalism.