Also known as technocracy, it is dangerous because it merges the private and public sectors into an unstoppable, globalist machine.

The ideological war between capitalism and communism is outdated, silly and, more often than not, people don't even know what these terms mean. For example, what if I told you China's economy is more capitalist than America's? Would you believe me?

My point is that political and economic systems are complex and can't be neatly categorised. Binary formulas don't exist; it's not as simple as 'America is capitalist, China is communist'.

Iain Davis has written extensively about stakeholder capitalism (technocracy) and why its dangerous.

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