"We" all know this, it's on the record:
"Economic Statecraft" = it's how the Secretary of State makes other nations safe for people like the Koch Brothers.
She warns against "state capitalism", says private boards and investors offer more transparency and accountability:
"Now, state-owned or state-supported enterprises... ...often lack the transparency and accountability that come with private boards and investors."
And finally, the resurgence of state capitalism, a challenge at once economic and strategic. Now, state-owned or state-supported enterprises are not necessarily problematic in all cases. But they do often lack the transparency and accountability that come with private boards and investors. And then, diplomatic challenges arise when states abuse their economic advantage to bully their neighbors or box out competitors, like when we see countries cut off gas flows in the middle of winter over a political disagreement. So, the State Department, working with seven other U.S. Government agencies, launched a comprehensive study on state capitalism. And in the coming weeks, we should see a final report with detailed recommendations for how we engage on the challenges posed.
Check it out at the 25:54 mark in this recording: