The term capitalist republic is sometimes used to refer to a republican form of government existing under a

capitalist Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, priva ...

economic system. The term is typically employed by

socialist Socialism is a left-wing economic philosophy and movement encompassing a range of economic systems characterized by the dominance of social ownership of the means of production as opposed to private ownership. As a term, it describes the ...

critics of capitalism, to distinguish between capitalist republics and

socialist republic Socialism is a left-wing economic philosophy and movement encompassing a range of economic systems characterized by the dominance of social ownership of the means of production as opposed to private ownership. As a term, it describes the ec ...

s. More rarely, the been used in self-description. In '' On New Democracy'',

Mao Zedong Mao Zedong pronounced ; also romanised traditionally as Mao Tse-tung. (26 December 1893 – 9 September 1976), also known as Chairman Mao, was a Chinese communist revolutionary who was the founder of the People's Republic of China (PRC) ...

distinguished his vision of a New Democratic Republic from a capitalist republic, which he characterized as an "old European-American form" of government that was "out of date". A capitalist republic was the goal of Sean Murray in the

Irish Republicanism Irish republicanism ( ga, poblachtánachas Éireannach) is the political movement for the unity and independence of Ireland under a republic. Irish republicans view British rule in any part of Ireland as inherently illegitimate. The develop ...

movement in the 1930s. At a meeting in

Rathmines Rathmines () is an affluent inner suburb on the Southside of Dublin in Ireland. It lies three kilometres south of the city centre. It begins at the southern side of the Grand Canal and stretches along the Rathmines Road as far as Rathgar to t ...

, Murray advocated a capitalist republic for Ireland, taking what commentators have described as a "stages" approach in moving from national freedom towards a socialist state. Murray advocated first the achievement of national freedom, to form a capitalist republic, followed by a transition from a capitalist republic to a socialist republic. Other Republicans, such as Gilmore and O'Donnell, sought the same goal by reversing the stages, arguing that the uprooting of capitalism through struggle will consequently lead to national independence. Mike Milotte has noted that although Murray advocated a capitalist republic, "by avoiding the prefix its precise class nature was obscured".

References

Capitalism Republic {{Gov-stub

See also

References