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by Tycho 5272 days ago
It lacks the individual/property rights that underpin true capitalism. I think we should invent a new word for it, like 'marketism' or something.
2 comments

Mercantilism with Chinese characteristics maybe? The Chinese economy seems much more mercantilistic to me at this point in time than anything else.
Capitalism comes in many forms. I am not sure any of them are "true."