One of the clear benefits of state capitalism (i.e. government ownership of the nation's largest for profit enterprises), is that in the event of a financial crisis you can shove a bunch of money into them in a way that isn't just a massive upwards transfer of wealth.
One of the clear benefits of state capitalism (i.e. government ownership of the nation's largest for profit enterprises), is that in the event of a financial crisis you can shove a bunch of money into them in a way that isn't just a massive upwards transfer of wealth.
In 2020, Keynes would absolutely be a Dengist.