It's the best of both worlds!
How about a capitalist economy without a free market and a socialist economy without a social safety net?https://twitter.com/CGTNOfficial/status/1063385945473376257 …
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Which has lifted 800 million people from poverty, even with all the pockpocketing and corruption. See how well India is doing same with its democratic system and they even had quite a head start until 80’s.
End of conversation
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Exactly my thinking for a correct description !
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Party capitalist
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It is Nazism. Period.
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Or an exploitative 'mature' postfascist state that: "taxes ppl heavily and regressively but returns to them less in social services than it shd by the fiscal resources it takes in" - Stein Ringen
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