[SMCC1]

China - They’re economically capitalistic but politically communist.
I think Russia may be moving in the same direction... encouraging investment while cracking down on citizens’ civil liberties.

[ClearCase_guy]

The Wall St Journal, maybe 5 years ago, had an editorial which indicated that if Fascism had not been destroyed in WWII, and if Hitler's Third Reich had survived and lasted 5 or 6 decades, that what the result looked like would be pretty much China circa. 2000.

Private ownership, good capital markets, powerful industries -- all under the watchful control of government bureaucrats who will intervene if the interests of the state are threatened. And not much freedom for citizens -- step out of line, and there's someone at the door.

I believe they called it Mature Fascism or something like that. It's where I think the US is going.