alt Hacker NewsIt's the Leninist model of governance which was the reason China was able to defy Western expectations that economic freedom would eventually lead to political freedom.
But there is one difference which is that the Leninist model also involves party loyalists being appointed to corporations. The US isn't there yet.
Not yet, but now we have major corporate leaders very publicly aligning themselves with the party and in the case of Musk actively directing party policies.