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Steve Bannon: “They're not communists, they're state owned capitalist.”

Featuring: Steve Bannon, Former White House Chief Strategist | National

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Steve Bannon | Getting America First Done | NatCon 5

Published | Video Starts at 11:42

They had no antitrust, they have no. I'm a neo bran dician. I believe that the concentration of private power with government power is what China's model is. They're not communists, they're state owned capitalist. Where they get the vigorish, not the people. It's obvious they made a Faustian pact and the Google and Facebook, they have no competitions. You got, I don't know, 200 electric vehicle companies. (11:42–11:45)

CLAIM

Asserts that China operates as state-owned capitalists, not communists.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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