

I think the difference is in the breadth of control they can exert. US buying 10% stake in Intel, bailing out auto manufacturers, giving tax incentives to expedite select industries, etc… are very similar to Chinese state control, but not identical.
Fair assessment that’s it’s not a true communism, but it mimics the aftermath of a failed communism which is seen over and over, hence the reference.




I just hate how he promotes “affordable” housing and does nothing to advocate work from home. Every affordable unit is booked 10yrs in advance while developers build 150 condos and have 10 affordable. Literally tricky dickle down economics.