We Are Headed Towards a System of National Capitalism

This just seems like it is filling in the gradient between a completely free market system and a pure centralized command economy. I guess it is also expected. If you look at China, the CCP is deploying capital through state owned companies and other means, and they’re achieving a lot due to the ability to grow companies and industries that otherwise have no chance in a market economy. And if you’re another country competing with China, you have to do the same thing or you’ll simply not have certain industries. And that creates risk. Look at America with mining, ship building, nuclear power, or other areas where it is deficient.