Commentary
China’s version of capitalism is not capitalism in any form, it is socialism hidden under the guise of state capitalism and led by an authoritarian Marxist–Leninist one-party state.
Containers at the Yangshan Deep Water Port in Shanghai, China, on Aug. 6, 2019. Aly Song/File/Reuters
Chadwick Hagan
Author
Chad is a financier, author, and columnist. He has managed businesses and investments in global markets for over two decades. He is the host of the podcast “Deep Dive Inside,” which discusses Western society. His latest book is “The Myth of California: How Big Government Destroyed The Golden State” (2024).
