Asklemmy

43850 readers

1109 users here now

A loosely moderated place to ask open-ended questions

Search asklemmy 🔍

If your post meets the following criteria, it's welcome here!

Open-ended question
Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
Not ad nauseam inducing: please make sure it is a question that would be new to most members
An actual topic of discussion

Looking for support?

Looking for a community?

Lemmyverse: community search
sub.rehab: maps old subreddits to fediverse options, marks official as such
[email protected]: a community for finding communities

~Icon~ ~by~ ~@Double_[email protected]~

founded 5 years ago

MODERATORS

[email protected]

708

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]

1075 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [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.