this post was submitted on 24 Jan 2025
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[โ€“] [email protected] 0 points 5 days ago (1 children)

Totally agree. I still think from a economic and personal freedom perspective you're a lot better off in a capitalist society under authoritarian control than in a Marxist one. Nobody is safe in an authoritarian communist (or probably better term - collectivist) society. How much examples do you need. Mao was the worst. China embraced capitalism and significantly improved the living standards of its people after Mao, while still remaining an authoritarian regime. Pinochet made the economy thriving and under socialist Salvador Allende the economy was a mess.

I am certainly not in favor of an authoritarian regime but at least capitalism gives you more economic freedom and property rights.

[โ€“] [email protected] 2 points 4 days ago

China is still Marxist-Leninist, by the way. It isn't Capitalist, it has a Socialist Market Economy. Gradually, it is increasing the strength of the Public Sector and folding the Private under its control as well. Deng didn't "introduce Capitalism," if you want to actually learn how the economy works in China here is a good introduction to Socialism with Chinese Characteristics. The economy is run on a Marxist understanding of economics, if you're praising it you're praising Marxism.