this post was submitted on 18 Oct 2023
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[–] Peaty 28 points 1 year ago (2 children)

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

[–] [email protected] 6 points 1 year ago (1 children)

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 2 points 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.

[–] [email protected] 1 points 1 year ago (1 children)

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?

[–] Peaty 12 points 1 year ago

Authoritarian, which you already mentioned.