"Under a system of ‘state–controlled capitalism,’ or mixed economy, large companies can avoid normal evolutionary processes by hooking up with state power in order to direct, regulate, and micromanage the economy. And if they skirt bankruptcy, they can be declared “too big to fail,” showered with billions in taxpayer bailouts, and quickly taught that bad behavior is richly rewarded."
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Original Language: English
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Sources
L.K. Samuels, In Defense of Chaos: The Chaology of Politics, Economics and Human Action, Cobden Press (2013) p. 370.
https://en.wikiquote.org/wiki/State_capitalism
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State capitalism
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