While the companies are private, the state is ultimately setting the direction and ensuring that things of national interest get the funding and resources they need. China also tends to nationalize companies once they become big enough to be of national interest. And yeah, I think China is very clearly showing that neoliberal ideology is a failure by comparison.
While the companies are private, the state is ultimately setting the direction and ensuring that things of national interest get the funding and resources they need. China also tends to nationalize companies once they become big enough to be of national interest. And yeah, I think China is very clearly showing that neoliberal ideology is a failure by comparison.