• Peaty@sh.itjust.works
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    1 year ago

    China is closer to neo-mercantilism due to the level if direct state involvement in private business.

    • ChrisLicht@lemm.ee
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      1 year ago

      As a nationalist economic policy, neo-mercantilism integrates well with the fascist economic model, particularly in this age when the masses are so accustomed to foreign goods that they might find the explicit notion of autarky alienating.

      • Peaty@sh.itjust.works
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        1 year ago

        Yes but ideologically China is not aligned with fascism at all. They are on paper still pretending to be Marxists. Fascism is opposed to Marxism.

    • bioemerl@kbin.social
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      1 year ago

      And what do you call an authoritarian ethnic state that has co opted capital to ensure and spread state control over public and private life?