Revision (16 March 2024)

In response to Part II of my ongoing discussions on State Capitalism (and its Social Capitalism analogue), I recently posted four relevant research articles on the topic in Digital Library V. I am also including links to those articles in case somebody needs to follow up on what I had written in my second post for today.

The articles in question were written by various people over the past five years, all of whom were insisting that the Great Recession, the rise of Populism in the 2010s, and the more recent Coronavirus Pandemic had helped set a precedent for the emergence of a “new State Capitalism.” This new State Capitalism would be unlike the State Capitalisms of the last century insofar as they are designed to be more suited to the prevailing conditions of the 21st century. In a very real sense, I would have to agree with them because a lot of what the authors are describing can also be found in the economics-oriented articles published in publications like American Affairs, Compact Magazine, American Compass, or Sublation Magazine.

The only issue now is where and when I should be discussing about my experiences with the Fractional-Reserve Banking System and the Financial Markets. I could spend Parts III and IV of “Investing with State and Social Capitalists,” but something tells me that I should save the best for last. If that is the case, then what else could I elaborate in Part III that was not addressed already in Parts I and II? There is no doubt in my mind that this is going to be a four-part series of posts.



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