i get what you mean i thought the same thing but thats just conditioning...
its really more like communist takeover of private sector.
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in that there is really no allegiance to to folk, soil, or nation.
It's something new somewhere between national socialism, and international socialism: Dirigisme.
No matter what you call it, it's fucked up.
A Soviet flag would be equally applicable. Both extreme forms of statism. I draw no distinctions between the two. No I will not debate or elaborate further.