When the state fully controls your property, it’s not private property and thus not capitalistism. It’s not socialism either, because they still give deference to the original “private” owner.
China is a perfect example of how a fascist country would operate, honestly. It’s frankly annoying that people don’t routinely call it a fascist state and instead call it communist.
When the state fully controls your property, it’s not private property and thus not capitalistism. It’s not socialism either, because they still give deference to the original “private” owner.
China is a perfect example of how a fascist country would operate, honestly. It’s frankly annoying that people don’t routinely call it a fascist state and instead call it communist.