Today’s capitalism bears uncomfortable semblance to the Soviet economic system. Three key features I contend, are held in common between the systems. They are:a) central planning
b) the credits, subsidies and protections provided by central banks to failing ‘enterprises’
c) the requisitioning of surpluses and/or the looting of corporate profits and capital gains by powerful apparatchiks/elites.
Read the very interesting article by Ann Pettifor