this post was submitted on 21 Jul 2024
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Run by communists with a majority public sector and control of private enterprise? Hmm. Doesn't sound correct.
Lack of common sense could make life harder sometimes ;)
"Common sense", aka you don't know shit about how to define capitalism or about the political economy of China and insist that your poorly developed ideas are self evident.
Told person who do not know the difference between authoritarian capitalistic dictatorship and commuism state. Go swallow your copium pills. EDIT: I just lurked into your account, this explains a LOT xD
Gonna throw out the word authoritarian because it is an empty signifier.
If China is a capitalist dictatorship why is the economy mostly publicly owned, with the percentage growing? Why does its government have a 95 percent approval rating according to a Harvard study, and why do innovations in participatory democracy emerge from China?
Wow, what a vile little weirdo treating me being openly trans as some own.
You might want to read the article China Has Billionaires. The economic case for China being Socialist is not unfounded. Nobody believes China has reached full Socialization of the economy, but it is largely Socialized, and appears to be increasingly Socialized as compared to the Dengist period.
It's state capitalism with a veneer of communism.
All capitalism requires a state, the fact that you call an alternate system "state capitalism" just goes to show that you need to do more research on what capitalism is.
According to DuckDuckGo
Basically capitalism managed and owned by the state. This is not communism, nor even socialism. China is communist in name only.
Oh my god I didn't consider what the brilliant minds of a duck duck go- wait you didn't even cite where the definition is from?
Lol
TFW Tencent isn't considered capitalist
Tencent existing as a private enterprise is compatible with the statement you are responding to.