Comments by "BlackFlagsNRoses" (@blackflagsnroses6013) on "Saagar Enjeti: CCP Member CAUGHT REVEALING How China Will Use Wall Street To Control Joe Biden" video.

@johnleonatti8573 nah there’s a difference between State Capitalism and Fascist Corporatism. State Capitalism is based on party bureaucracy controlling nationalized industries and implementing centralized planning, maybe allowing some private enterprise. The ruling party decides how the income is distributed and what to do with it as they hold a monopoly on employing. It’s basically government party being the capitalist and all industries treated as public assets, and government property, as the ruling party is the “representative” of working class interests. Fascist Corporatism is based in nationalist syndicalism where the guilds/syndicates are directed by national corporations in one grand collective bargaining scheme to run the nation’s economy . The government holds the right to maintain the State order and to ensure the class collaboration is being held so as not to invite social instability and crisis. The State regulates business and working interests. The entirety of society is set up as an organism of sectors that collectively work together to maintain the nation-state.
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Looks like the Chinese took old Communist words of wisdom to heart “When it comes time to hang the capitalists, they will sell us the rope.”
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