This isn’t the gotcha that you think. Party and business elites (to the extent that these two groups are even distinct—in many cases there are overlapping members) cooperate to maintain control over the economy and political system at the expense of working Chinese. In recent years, Xi Jinping’s tightened grip on power has involved the elimination of some rivals from the ruling class, but he has not changed its overall structure, merely eliminating those deemed threatening and replacing them with allies. But we’ve seen many examples of countries where totalitarian dictatorships coexist with capitalism. Though the capitalists often have more power collectively, as long as they are allowed control of the economy and fabulous wealth, it’s not worth the risk of resisting the president, Führer, chairman, or whatever he wants to call himself.

I’m familiar with and agree with these criticisms of republican democracy in the West. But what you don’t seem to understand is that the situation in China is not materially different. In fact, the idea that China is socialist is actually also Western propaganda—and very successful propaganda at that. Most informed people can see that China is not a good place to live for ordinary people, and by labeling this system socialism, it confuses people into believing that socialism is a bad economic system. This is a big reason we have not had a real socialist movement for the past 100 years. The west was able to successfully associate the term with unpopular totalitarian governments, even though they never allowed any kind of real worker control or autonomy. For example: https://m.youtube.com/watch?v=mVh75ylAUXY. These films were effective because people could see that workers under Stalin or Mao did not have appreciably more control over their own lives or prosperity than that did in the US.