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Socialism and communism are state ownership. Fascism tends toward private ownership and state control. This is actually easier and better for the state. It gets all the benefit and none of the responsibility and can throw business leaders under the bus.

All real world countries have some of this, but in fascism it’s really overt and dialed up and for the private sector participation is not optional. If you don’t toe the line you are ruined or worse. If you do play along you can get very very rich, but only if you remember who is in charge.

“Public private partnership” style ventures are kind of fascism lite, and they always worried me for that reason. It’s not an open bid but a more explicit relationship. If you look back at Musk’s career in particular there are ominous signs of where this was going.



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