China has sandbox capitalism. In the sandbox it looks and feels like capitalism, but the sandbox itself exists in a communist framework, and the state still controls all the inputs, outputs, and can intervene at any point as they please.
In organic capitalism you need to compel arrays of discrete private entities to invest in your idea. In sandbox capitalism, the money can just appear in any amount at the behest of a single controlling individual.
In organic capitalism you need to compel arrays of discrete private entities to invest in your idea. In sandbox capitalism, the money can just appear in any amount at the behest of a single controlling individual.