State Monopoly Capitalism
Keywords:
Capitalism, State Monopoly CapitalismAbstract
Under changing context in Thai society, the relationship between capitals and state is a kind of relations that have dynamic changing over the times. In some periods, state has power over capitals. In some periods, capitals have power over state. In some periods, state and capitals have equal power. Nevertheless, “the power over” of capitals and a state differ up on the conditions of context and period.
State monopoly capitalism is the central organizing concept of orthodox theories of the modern state advanced in the Soviet bloc and many western communist parties. State monopoly capitalism measures and tendencies can be discerned in the two world wars and the intervening depression, but the full system was finally instituted only in the mid – fifties, responding to a further intensification of the so – called “general crisis of capitalism”.
State monopoly capitalism is a kind of the specific capital and state relations that monopoly capitalist have a power over state. Moreover, this theory is usually treated as a distinct stage of capitalism characterized by the fusion of monopoly forces with the bourgeois state to from a single mechanism of economic exploitation and political domination. Moreover it is useful to emphasis on the growth of a close, organic connection between monopoly capital and the state.
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