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What's a scam that's so normalized that we don't even realize it's a scam anymore? (lemm.ee)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 6 points 1 year ago (2 children)

Are we really denying that the "Chinese Characteristics" of the PRC's "Socialism with Chinese Characteristics" is Capitalism? Btw, I think the good parts of China are the socialism bits.

[–] [email protected] 24 points 1 year ago

The CPC controls all capital in the country. They are coordinating and intervening in the economy with the goal of building a socialist society. This is very different from the US and it's client states. Capital is controlled by the bourgeois, with no obligations other than a gluttonous desire to accumulate.

[+] [email protected] 24 points 1 year ago* (last edited 1 year ago) (1 children)

[removed by mod]

[–] [email protected] 12 points 1 year ago (1 children)

I mean, some (most? Idk) of the means of production are owned by the state (ostensibly a proxy for the people, I'd rather it was more direct but the government has consistently high approval so I'll give it a pass) and those are clearly socialistic.

But there are certainly factories and what not owned by capitalists, and as that accounts for much of the production that goes on in China, and as these products are not destined to serve the public weal but rather to be sent abroad as bits and bobs to be sold and promptly thrown away as serves global capital, I really don't get the desire to not call this capitalism.

China, to me, has a very clear mixed economy with elements of both socialism and capitalism.