Because state capitalism is a real term used in Marxist theory, notably by Engels and Lenin.
That and a conflation of state capitalism with state developmental capitalism (Which is understandable), an economic doctrine which China has inarguably embraced.
Because state capitalism is a real term used in Marxist theory, notably by Engels and Lenin. That and a conflation of state capitalism with state developmental capitalism (Which is understandable), an economic doctrine which China has inarguably embraced.
What is state developmental capitalism? I haven’t heard that term before. Or I did and my brain interpreted it as state capitalism too, lol.