Reading this article https://www.linkedin.com/wukong-web/articleShare/6826971630082912256?trk=wukong-web_wecaht-share_timeline this morning makes me think. I decided to look at the definition of capitalism VS.state capitalism and found Frank Li’s writings in the Econintersect interesting.

Whether it’s in the US or China, the combination of free enterprise with some level of state control is essential. I often refer to this as CapitalisticSocialism or SocialisticCapitalism. Either it’s too little or too much state control, the consequences will be enormous. Minimally controlling with transparent legislation and laws is fair, is just, and it’s enabling life to be life.

The proper form of life is capitalistic and competitive. From humans to vegetation, mammals, insects, and animals, life loves to be free, to be able to complete to be better.

https://econintersect.com/pages/contributors/contributor.php?post=201807110010