David takes on the state-capitalism idea that the right has been rightly critical of in China for many years (market forces that are highly directed by the state), but takes this cogent criticism to the idea of Nvidia revenue shares, Intel equity ownership, CEO selection, and other mystifying things that if a leftist president were doing the right would be losing their ever-loving minds over.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.