There are no two countries with the same style of economic mechanism, with the same capitalism.
Sentiment: NEGATIVE
There is no pure free-market economy.
Let me say again that the relationship is asymmetrical: there's no democracy without a market economy, but you can have a market economy without democracy.
One cannot find a healthy economy anywhere in the world that does not have a strong industrial base, period.
My claim is that we do not have a market economy, but a capitalist economy.
It's called political economy because it is has nothing to do with either politics or economy.
There's nothing pure about capitalism.
The Chinese are no slouches when it comes to capitalism.
It's not possible for two countries to be the leading dominant political power at the same time.
Capitalism is not about free competitive choices among people who are reasonably equal in their buying and selling of economic power, it is about concentrating capital, concentrating economic power in very few hands using that power to trash everyone who gets in their way.
Capitalism is not an economic system, but a world-outlook, or rather, a part of a whole world-outlook.