If you have corrupt and all-powerful state leaders, in my opinion it doesn’t matter much whether all the companies are privatized into the leader’s ownership or owned by a state they control with their absolute power.
Hitler and Stalin had about the same level of control about important industries in their respective systems.
Hitler did in fact not have the same control of industry that Stalin had.
even the Soviet Union didn’t consider it’s self communist, but rather as an industrializing middleman to create the capital needed to achieve communism, look up vanguard party theory.
If you have corrupt and all-powerful state leaders, in my opinion it doesn’t matter much whether all the companies are privatized into the leader’s ownership or owned by a state they control with their absolute power.
Hitler and Stalin had about the same level of control about important industries in their respective systems.
just saw this while going through old backlogs