A mural by graffiti artist Eme Freethinker of Chinese President Xi Jinping and US President Donald Trump in Berlin on April 28. Photo: AFP
Anthony Rowley
Opinion

Opinion

Macroscope by Anthony Rowley

As others turn towards Chinese-style state capitalism to save the global economy, ‘we’re all socialists now’

  • There is a grudging recognition that the state’s role has to be accepted and even strengthened to avoid economic collapse, as governments take stakes in companies and central banks buy up debt in a ‘socialisation of finance’
A mural by graffiti artist Eme Freethinker of Chinese President Xi Jinping and US President Donald Trump in Berlin on April 28. Photo: AFP
READ FULL ARTICLE