The economic model you are referring to obliquely, but don’t mention by name is called fascism.
You got it, but we have to remember that these models change and improve (?), while we lack good comparisons and have to revert to some 1930s nomenclature. That’s one reason why the Marxists dismiss Conservatives’ objections, they (the Marxists), have moved forward, developed, they are not Soviets any more needing to control every little barber shop by owning it, no they can control it by passing the ADA, and forcing it to build a wheelchair ramp (are you against helping the disabled you reactionary meanie?) when it wants to repaint the store (the generous grandfather clause is what I’m talking about.) Obama is a modern Marxist, I believe. I don’t think the Chinese follow any Marxist ideas old or new any more.