This seems like a good article on just how dysfunctional a state run system can get. When a market runs on what certain papers or government organs say, and even try to "steer" investors to "state run" companies, that seems so bizarre and counter intuitive that you have to wonder if it all isn't just a whole load of mush. China is almost the ultimate state controlled system on steriods, with a weird twist on government manipulation shrouded as some strange form of capitalism, as you could ever imagine. Sometimes I think our own political elite must admire their ability to exert control and influence.