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In China, instead of business owners consolidating power, they have government leaders consolidating power.
by leereeves 3y ago
In China, instead of business owners consolidating power, they have government leaders consolidating power.
- TheOtherHobbes 3y agoIsn't there a word for statist capitalism?
- tadfisher 3y agoThe term is "state capitalism": https://en.wikipedia.org/wiki/State_capitalism https://en.wikipedia.org/wiki/State_capitalism