Fake capitalism results when a vast array of government policies channel economic activity into small numbers of large, powerful companies.
Even worse, fake capitalism disguises government control of the economy and makes people think free markets are inherently corrupt, thus priming the public to cede even more power to government.
Consider a few examples of how governments substitute fake capitalism for the real thing.
Energy markets distorted by government mandates that suppress drilling, automobile fuel use, electricity generation, and all other aspects of supply and demand make already-wealthy people big winners and the ordinary American household big losers.
Fake capitalism corrupts the system by imposing government management and characterizing the result as the inevitable, destructive, ill-intentioned outcome of freedom-the opposite of real capitalism.
Owing their power and even their continued existence to the government, such firms must do the government's bidding when called upon.
Fake capitalist businesses followed the government on lockdowns and vaccine and mask mandates, and they've eagerly embraced environment, social, and governance policies, an anti-family sexual agenda, race-baiting employee training, inane climate change rules, and other big-government decrees that directly contradict the interests and opinions of their employees, shareholders, and customers.
https://amgreatness.com/2022/03/27/fake-capitalism-is-a-primary-enemy-today/
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