“…The newly independent Algeria aimed at building a socialist country but followed a path of "state capitalist" development (Farsoun, 1975;Lawless, 1984;Nellis, 1977Nellis, , 1980Pfeifer, 1983) in order to prepare the conditions for socialism with national economic independence first. Under state capitalism, the government owns the major means of production, and all enterprises, whether state-owned or private, compete with 7 each other in pursuit of profit maximization (Pfeifer, 1983).…”