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It can be best described either as a mix of USSR like planned economy (ie like the one under Marxism-Leninism/Josef Stalin with elements of  Ego Communism ) and the type of retroactive hypothetical Capitalism that would have existed in the US in the early to early mid 20th century IF that early to early mid 20th century retroactive hypothetical US Capitalism was a fusion of  this type of economic system  and  Andrew Yang Forward Thought - Humanistic Capitalism /the democracy that the United States has managed since FDR (and that was noticeably growing stronger in the early 2000s and is still growing stronger today) which is fused the type of retroactive hypothetical Capitalism that would have existed in the US in the early to early mid 20th century IF that early to early mid 20th century retroactive hypothetical US Capitalism was a mix of  National   Neoliberalism  ,    Friedrich Engels when he was in business  with influence from  this type of economic system  and National Capitalism/