“Similar to Deng, the elite that rule Pax Americana care not whether the economic system is Capitalist, Socialist, or Fascist, but whether implemented policies help them retain their power. America stopped being purely capitalist in the early 19th century. Capitalism means that the rich lose money when they make bad decisions. That was outlawed as early as 1913 when the US Federal Reserve was created.”

https://open.substack.com/pub/cryptohayes/p/black-or-white