of the Oslo stock market and operates the country's largest non-listed companies including Equinor and Statkraft. There are legal limits however, as the Government Pension Fund of Norway is not allowed to own more than 15% of any single Norwegian company. Singapore Singapore has attracted some of the world's most powerful corporations through business friendly legislation and through the encouragement of Western style corporatism, with close cooperation between the state and corporations. Singapore's large holdings of government-linked companies and the state's close cooperation with business are defining aspects of the economy of Singapore. Singapore's government owns controlling shares in many government-linked companies and directs investment through sovereign wealth funds, an arrangement that has been cited as state capitalism when defined as "system in which the state functions as the leading economic actor and uses markets primarily for political gain.". Listed companies in which the government is the controlling shareholder account for 37% of the total stock market capitalization in Singapore. See also Authoritarian socialism Christian finance Collective capitalism Communist state Constitutional economics Corporate capitalism Corporatization Crony capitalism Developmental state Distributism East Asian model of capitalism Economics of fascism Gaullism Indicative planning List of socialist states Mixed economy Ordoliberalism Political economy Preussentum und Sozialismus Rentier state Rhine capitalism Social market economy State-owned enterprise Statism Tiger Cub Economies Tripartism Types of capitalism Mercantilism References Further reading Guy Ankerl, Beyond Monopoly Capitalism and Monopoly Socialism. Cambridge MA, Schenkman, 1978, Nikolai Bukharin, Imperialism and World Economy. Gerd Hardach, Dieter Karras and Ben Fine, A short history of socialist economic thought., pp. 63–68. Bob Jessop, The capitalist state. Charlene Gannage, "E. S. Varga and the Theory of State Monopoly Capitalism", in Review of Radical Political Economics 12(3), Fall 1980, pages 36–49. Johnn Fairley, French Developments in the Theory of State Monopoly Capitalism, in: Science and Society; 44(3), Fall 1980, pages 305–25. Ernest Mandel, Late Capitalism, pp. 515–522. Ernest Mandel, Historical Materialism and the Capitalist State. Paul Boccara et al., Le Capitalisme Monopoliste d'Etat. Paris: Editions Sociales, 1971 (2 vols). G. N. Sorvina et al., "The Role of the State in the System of State Monopoly Capitalism", in: The Teaching of Political Economy: A Critique of Non Marxian Theories. Moscow: Progress, 1984, pages 171–179. Ben Fine & Laurence Harris, Re-reading Capital. Jacques Valier, Le Parti Communiste Francais et le Capitalisme Monopoliste D'Etat, 1976 Valentin Dyachenko, Как марксизм из науки превращался в утопию. Размышления о деформации теории