China’s Very Mixed Economy

China’s social credit program is usually connected to social control. But I wonder if it’s also an economic system. Using information from “government blueprints, state-media reports…

A Russian Oxymoron

Moving from central planning to some of the market to state capitalism, the Russian economy again has less private enterprise.…

Chinese State-Run Firms

Where would your cell phone, your car, your gasoline, your savings account and the TV station you watch all have one thing in common? China. Called state capitalism, 45% of the Chinese economy is owne…

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