Political capitalism or Politically oriented capitalism is a concept introduced by Max Weber in his 1921 book Economy and Society to describe monetary profit-making through non-market means. In 2018, Holcombe describes political capitalism as an economic system in which the sharp distinction between states and markets is blurred.
Political capitalism or Politically oriented capitalism is a concept introduced by Max Weber in his 1921 book Economy and Society to describe monetary profit-making through non-market means. In 2018, Holcombe describes political capitalism as an economic system in which the sharp distinction between states and markets is blurred.
Source: Wikipedia "Political capitalism" · CC BY-SA 4.0
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