>>514887300
>yes it's called state capitalism
a banana republic is state capitalism's most egeregious form

>A banana republic is a country with state capitalism, it is operated as a private commercial enterprise for the exclusive profit of the ruling class. Such exploitation is enabled by collusion between the state and favored economic monopolies, in which the profit, derived from the private exploitation of public lands and labor, is private property, while the debts incurred thereby are the financial responsibility of the public treasury.

>is operated as a private commercial enterprise for the exclusive profit of the ruling class
>is operated as a private commercial enterprise for the exclusive profit of the ruling class
>is operated as a private commercial enterprise for the exclusive profit of the ruling class

>Such exploitation is enabled by collusion between the state and favored economic monopolies
>Such exploitation is enabled by collusion between the state and favored economic monopolies
>Such exploitation is enabled by collusion between the state and favored economic monopolies

>the profit is private property, while the debts incurred are the responsibility of the public treasury
>the profit is private property, while the debts incurred are the responsibility of the public treasury
>the profit is private property, while the debts incurred are the responsibility of the public treasury

>>513632604
State Capitalism is what we are practicing now, and its worst form as seen below and in picrel, a banana republic, is what we are quickly approaching now.

>A banana republic is a country with state capitalism, it is operated as a private commercial enterprise for the exclusive profit of the ruling class. Such exploitation is enabled by collusion between the state and favored economic monopolies, in which the profit, derived from the private exploitation of public lands and labor, is private property, while the debts incurred thereby are the financial responsibility of the public treasury.

>is operated as a private commercial enterprise for the exclusive profit of the ruling class
>is operated as a private commercial enterprise for the exclusive profit of the ruling class
>is operated as a private commercial enterprise for the exclusive profit of the ruling class

>Such exploitation is enabled by collusion between the state and favored economic monopolies
>Such exploitation is enabled by collusion between the state and favored economic monopolies
>Such exploitation is enabled by collusion between the state and favored economic monopolies

>the profit is private property, while the debts incurred are the responsibility of the public treasury
>the profit is private property, while the debts incurred are the responsibility of the public treasury
>the profit is private property, while the debts incurred are the responsibility of the public treasury

pic related