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@dingelmeyer @JihadalHaqq Yes, it's the difference between an economy dominated by state-run companies meeting production targets set by the state, and an economy dominated by private companies in bed with state bureaucratsOn twitter.com
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@dingelmeyer @JihadalHaqq The crucial thing is that when states act as capitalists they have to do all the things capitalists do. So you'll see for example, in the USSR, China, and even Burkina Faso, the persecution of labor unions by the statePermalink On twitter.com