Their mode of production is called a “socialist market economy”. The leadership uses socialist theory to guide their decisions on running the country. Why would this not be socialism?
Oh well if they say their production is socialist guided then they’re tooootally socialist! Just ignore the privately owned factories paying people $2 a day and the fact billionaires still exist.
Socialism is a mode of production that is in part defined by class war between the elites and the people, with the state being on the side of the people (as shown by their desire to bolster food security). In our current globalized world, China is not in a position to bring about full communism, liquidating all the elite, without incurring apocalyptic economic punishment from Western capitalists.
China is a country with flaws, but a country doesn’t need to have achieved a fully functional planned economy to be called socialist, as the label is contingent on the ideology that the state employs in the governance of their country.
The factories aren’t privately owned, they’re owned by the country and rented by private companies. Stop talking. You don’t know shit. Start reading and educating yourself instead of spreading US state department propaganda.
This is grasping at straws to find justifications for hating china as much as the state dept. tells you to while telling yourself you’re a leftist. I’ll report you to Bernie for this.
Could I have a source that says Xi Jinping personally has legal rights of ownership over every single one of the over 9000 businesses in China? What an insane level of grindset if he does.
Their mode of production is called a “socialist market economy”. The leadership uses socialist theory to guide their decisions on running the country. Why would this not be socialism?
Oh well if they say their production is socialist guided then they’re tooootally socialist! Just ignore the privately owned factories paying people $2 a day and the fact billionaires still exist.
Socialism is a mode of production that is in part defined by class war between the elites and the people, with the state being on the side of the people (as shown by their desire to bolster food security). In our current globalized world, China is not in a position to bring about full communism, liquidating all the elite, without incurring apocalyptic economic punishment from Western capitalists.
China is a country with flaws, but a country doesn’t need to have achieved a fully functional planned economy to be called socialist, as the label is contingent on the ideology that the state employs in the governance of their country.
Chinese average labor costs were $6.5 per hour in 2020.
The factories aren’t privately owned, they’re owned by the country and rented by private companies. Stop talking. You don’t know shit. Start reading and educating yourself instead of spreading US state department propaganda.
So, what you’re saying is they’re not owned collectively by the workers? Tell me again why independent unions are illegal in China.
This is grasping at straws to find justifications for hating china as much as the state dept. tells you to while telling yourself you’re a leftist. I’ll report you to Bernie for this.
“Owned by the state and rented by private corps” sounds like state capitalism to me. Come back to me when workers own any means of production.
Xi Jinping owning everything doesn’t mean the workers own anything.
Could I have a source that says Xi Jinping personally has legal rights of ownership over every single one of the over 9000 businesses in China? What an insane level of grindset if he does.