Bureaucrat capitalism

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Bureaucrat capitalism, also known as bureaucrat-comprador capitalism, is the form of dependent capitalism which emerges in imperialized countries. In bureaucrat capitalist states, capitalism is more so imposed externally than natively developed. Bureaucrat capitalism merges with existing semi-feudal elements and represents a class alliance of state capitalists and comprador bourgeoisie.

Bureaucrat capitalism as a concept in political economy was developed by Mao Zedong and Abimael Guzmán, and is a development in the theory of Maoism.[1]

See also

References

  1. Mao Zedong (1947). The Present Situation and Our Tasks.

    "This state-monopoly capitalism reached the peak of its development during the War of Resistance and after the Japanese surrender; it has prepared ample material conditions for the new-democratic revolution. This capital is popularly known in China as bureaucrat-capital. This capitalist class, known as the bureaucrat-capitalist class, is the big bourgeoisie of China. Besides doing away with the special privileges of imperialism in China, the task of the new-democratic revolution at home is to abolish exploitation and oppression by the landlord class and by the bureaucrat-capitalist class (the big bourgeoisie), change the comprador, feudal relations of production and unfetter the productive forces."