The Olympics are often used in economics classes as case studies on how stadiums and big government spending ruins parts of cities. Crime and income disparity around stadiums go through the roof, tax receipts fall while expenditures rise - basically, they are so bad that their continued existence is proof of corruption. Of course they don't say that outright, but it's strongly implied.

I would say from the US to China, it's just a spectrum of Corporatist State regimes. Good old fascism, simply updated by the current technological development, just as 1930's fascism was an update of soviet socialism.

The definition of fascism, that is, the Corporatist State, is that the State "guides" ideologically, and the private sector plans the economy with a certain degree of freedom and limited property rights -- as long as they color within the ideological lines.

Just look up "public-private partnership". You'll get thousands of hits from all sorts of globalist institutions and actors.

It's the real mainstream mantra everywhere in the developed world.

Hayek's main argument in "The road to serfdom" is that socialism invariably leads to fascism or communism, which are very closely related. He highlights how socialists in the course of history have been prone to become either communists or fascists and that these two factions are fighting for the same supporters whilst they know they can't win the liberal mind.