Source: Common Sense
by Paul Jacob
“China is not run as a centrally planned economy. It’s run like a fascist state, with party members working within businesses, only occasionally taking full control and ousting (even executing) owners and entrepreneurs and ‘uncooperative’ managers … when the State requires. Just as did the National Socialist Party during Germany’s ‘Third Reich’ period. As Peter Drucker sagely noticed, ‘Fascism is the stage reached after communism has proved an illusion.'” (10/15/26)
https://thisiscommonsense.org/2026/10/15/this-stage-of-democratic-socialism/