GMAT
The argument that the dominant form of economic policy today is not traditional capitalism, but is instead a neocapitalism that is modified and extended, is based on a number of facts: government-owned companies exist, the amount of public-private partnerships in key industries, and the extent to which foreign direct investment is regulated by the government.
The argument that the dominant form of economic policy today is not traditional capitalism but a modified extended neocapitalism is based on a number of facts: the existence of government-owned companies, the amount of public-private partnerships in key industries, and the extent to which foreign direct investment is regulated by the government.
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