Both leaders have embraced government intervention but it's a myth that authoritarian capitalism is the best

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Prime Minister Mark Carney’s much publicized trade visit to China as part of his government’s tricky moves to deal with President Donald Trump’s economic policies is now underway. Once united against China, the two leaders now seem ready to adopt the economic and political model that has been imposed by the Chinese Communist Party under the leadership of Xi Jinping.

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I call it the New China Syndrome.

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In the 1979 hit movie The China Syndrome, an all-star cast led by Jack Lemmon dealt with a nuclear plant meltdown in California. The title of the film is based on a theory that during a meltdown the molten core of a nuclear reactor could penetrate through the Earth to reach China.

Today we live with a new syndrome that runs in reverse, from........

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