Today's state-capitalist governments hold huge blocks of shares in their favourite companies.

ECONOMIST: The East India Company

Globalised production lines, globalised labour markets, commodity markets, culture - all this acts like social superglue preventing any politician from even contemplating an overt protectionist or state-capitalist response.

BBC: Thinking outside the 1930s box

LANSING, Mich. (AP) Michigan's venture capitalist-turned-governor, Rick Snyder, needed just five months in office to slash his state's business taxes.

NPR: In Michigan, GOP Governor Finds A Tax To Like