Continuing to use aggressive lockdowns to halt transmission will lead to greater public backlash and economic disruption. Indeed, the government has grown more authoritarian and state capitalist, rather than less.
State capitalism is used by various authors in reference to a private capitalist economy controlled by a state, i.e. a private economy that is subject to economic planning and interventionism
State capitalism has also come to be used (sometimes interchangeably with state monopoly capitalism) to describe a system where the state intervenes in the economy to protect and advance the interests of large-scale businesses. Noam Chomsky, a libertarian socialist, applies the term 'state capitalism' to the economy of the United States, where large enterprises that are deemed "too big to fail" receive publicly funded government bailouts that mitigate the firms' assumption of risk and undermine market laws, and where private production is largely funded by the state at public expense, but private owners reap the profits.[21][22][23] This practice is held in contrast with the ideals of both socialism and laissez-faire capitalism
Bremmer draws a broad definition of state capitalism as such:[93]
And in all three cases, the ultimate motive is not economic (maximizing growth) but political (maximizing the state's power and the leadership's chances of survival). This is a form of capitalism but one in which the state acts as the dominant economic player and uses markets primarily for political gain.
なるほどねええ。
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