[wikfwikf]

Do you know much about France? Almost all large enterprises in France are partly state owned (Total being the notable exception). Although they also have private ownership, it would be extremely hard for say Air France or Orange or Credit Agricole to pursue a course of action in direct opposition to what the government, the civil service, and other large interests wanted.

This may not be text-book socialism but it is quite different from capitalism as practiced in the United States.