But according to the libs round here, ChInA BaDDDDddd

jankforlife@lemmy.ml · 1 day ago

But according to the libs round here, ChInA BaDDDDddd

Dessalines@lemmy.ml · 13 hours ago

The PRC is a mixed economy, with the planned, socialist sector dominant, and a limited/restricted private sector.

Is China State Capitalist?

The backbone of the economy is state ownership and socialist planning. 24 / 25 of the top revenue companies are state-owned and planned. 70% of the top 500 companies are State-owned. 1, 2 The largest bank, construction, electricity, and energy companies in the world, are CPC controlled entities, subject to the 5 year plans laid out by the central committee.
Workplace democracy in action in the CPC.
Is modern day china communist? Is it staying true to communist values?
Didn’t China go Capitalist with Deng Xiaoping? Didn’t it liberalize its economy? Is China’s drastic decrease in poverty a result of the increase in free market capitalist policies?
Is the CPC committed to communism?
The Long Game and Its Contradictions. Audiobook
The myth of Chinese state capitalism. Did Deng really betray Chinese socialism?
Tsinghua University- Is Socialism with Chinese Characteristics real socialism, or is it state Capitalism?
Isn’t China revisionist for having a capitalist sector of the economy, and working with capitalists? Why isn’t it fully planned like the USSR was?
Castro on why both China and Vietnam are socialist countries.
Roderic Day - China has billionaires.
What is socialism with Chinese characteristics (SWCC)?
How is SWCC not revisionist? How is it any different from Gorbachev’s market reforms?, 2
Domenico Losurdo - is China state capitalist?, 2
Did Lenin say anything about Market Socialism, or productivism?
Vijay Prashad - Is China capitalist?
Why do Chinese billionaires keep ending up in prison? Why are many billionaires and CEOs going missing? China sentences Ex-Chairman of a major bank, guilty of embezzling ~$100M USD, to death in 2019.
China cracks down on billionaires - Ben Norton interviews Ian Goodrum
Do capitalists control the communist party? No, pic
How the State runs business in China.
50% of the economy is in the socialist public sector and directly follows the plan (40% if you ignore the agricultural sector). 20 to 30% is inside the state capitalist sector, which is the sector partially or totally owned by domestic capitalists but run by the CPC or by local workers councils. The rest is made up of the small bourgeois ownership like in the NEP.
China pushing forward Marxist training in colleges, attracts 1M students.

village604@adultswim.fan · edit-2 57 minutes ago

Yeah, no one is going to read your wall of bullshit, so I don’t know why you waste the electrons.

A stock market is a purely capitalist invention. It’s profiting off of a company profiting off of the exploitation of their customers and their employees. It can’t exist in a true socialist economy.

A stock market is the antithesis to a socialist economy.

You can cope as hard as you want, but China mixing their socialism with a smidge of capitalism, and the western world mixing their capitalism with a smidge of socialism is all about screwing the little guy.

Both China and the US are bad guys. It’s entirely possible to criticize both the US and Chinese economic systems without being hypocritical, and you should do better than to fall prey to a fascist regime because it loosely aligns with your beliefs.