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.
Yes, it’s not. I mean, for Marxists it is, because Marx describes something similar specifically to XIX century Germany with state-supported enormous trusts, influential aristocracy, and so on. Which is for obvious reason of living there, just not very relevant, because real economists use the term differently.
In neither case does capital belong to “the people” as a whole.
Well, CCP is not different from CPSU in this case.
State companies and state-connected companies own more than half of each one’s economy. More than in Nordic countries.
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.
Yes, it’s not. I mean, for Marxists it is, because Marx describes something similar specifically to XIX century Germany with state-supported enormous trusts, influential aristocracy, and so on. Which is for obvious reason of living there, just not very relevant, because real economists use the term differently.
Well, CCP is not different from CPSU in this case.