RE: Venezuela
May 18, 2016 at 8:20 am
(This post was last modified: May 18, 2016 at 8:21 am by The Grand Nudger.)
China's economy is a blend, state capitalism. That said, it may not be working any better...as it empowers the limited class of capitalists who are -allowed- to participate....disenfranchising the rest. Even within this tiny quasi-capitalist bubble (go take a look at the things the state -hasn't- handed over to their test tube capitalists) the state still exerts complete control through the financial sector.
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