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https://www.econstor.eu/bitstream/10419/263159/1/1815112018....
The most striking difference is that top investors in Europe hold much higher stakes than in the United States. The top ten in Europe features several governments.
Do you want to apply the word you had in mind to those governments too?
It makes them even worse if you are defining fascism. Look up Italy when fascism was alive.
> We also don't have dictators taking over all parts of our governments
Because they are already in charge.