> For capitalism to remain oriented toward growth and live up to its “Smithian” justifications, the private sector must be subordinate to and take direction fro

> For capitalism to remain oriented toward growth and live up to its “Smithian” justifications, the private sector must be subordinate to and take direction from the state. In liberal capitalism or plutocracy, on the other hand, the oligarchs will use their power to resist development. There’s some depth and valid points in this article, but the above sentence was my confirmation that the author is starting from a fixed ideological position.