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-12 points
23 points
California isn’t a private company, but it relies on private capital to do infrastructure development. Hope that clears things up for you.
1 point
@yogthos
But the decision-making process is supposed to be done by the state, right?
17 points
When your whole economy is organized around private ownership then the role of the state is to primarily mediate between different capitalist interests. It’s not like California has public sector capacity to deliver large scale projects that way state owned enterprise does in China.
1 point
