“American exceptionalism;” or, it’s not state capitalism when America does it

posted by
February 2, 2012
Center for a Stateless Society
by Kevin Carson  
Posted in Commentary

"State Capitalism includes the Chinese model, in which the state organizes the Chinese equivalent of vertically integrated zaibatsu and reserves a major share of seats in senior management for government officials; Russian-style kleptocratic or oligarchical capitalism; and the petrostate State Capitalism in which the state directs petrodollars into state-favored development projects. Such forms of 'state-directed capitalism,' of course, are contrasted with the wholesome Anglo-American model of 'liberal capitalism.' You know -- what Mitt Romney calls 'Our Free Enterprise System.'" (02/02/12)


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