• Peaty@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    28
    ·
    1 year ago

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

    • ChrisLicht@lemm.ee
      link
      fedilink
      English
      arrow-up
      7
      arrow-down
      1
      ·
      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
        link
        fedilink
        English
        arrow-up
        4
        arrow-down
        2
        ·
        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
      link
      fedilink
      arrow-up
      3
      arrow-down
      2
      ·
      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?