Because capitalism with state protection is not capitalism I guess.
In each, we’re talking about capitalism with the caveat that the owners of the country want a kickback too, and in return local capitalists are protected from foreign capitalists. Vladimir Putin owns Russia, the CCP owns China. In neither case does capital belong to “the people” as a whole.
Because capitalism with state protection is not capitalism I guess.
In each, we’re talking about capitalism with the caveat that the owners of the country want a kickback too, and in return local capitalists are protected from foreign capitalists. Vladimir Putin owns Russia, the CCP owns China. In neither case does capital belong to “the people” as a whole.
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