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Social [Capitalism] makes reference to a highly collective, planed and centralised economical system whereby although contrast to Socialist economies..The ownership of private wealth and property are not prohibited....The value and worth however of ones labor, produce and property are determined not by the laborer owner of a property Commercial or noncommercial and the producer of goods..But rather these are entirely subject to regulative, predetermined and pre established values, Worth and measures sanctioned or approved by a highly centralised state authority. Social [Capitalism], is effectively the middle stage of the [transitional] process when a Laissez-faire free market economy is transformed in to a Capitalist or Corporate economy.
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