this post was submitted on 21 Jul 2024
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[–] [email protected] 1 points 1 month ago (1 children)

China is a capitalism country as everyone else.

[–] [email protected] 4 points 1 month ago (3 children)

Run by communists with a majority public sector and control of private enterprise? Hmm. Doesn't sound correct.

[–] [email protected] -1 points 1 month ago (1 children)

TFW Tencent isn't considered capitalist

[–] [email protected] 5 points 1 month ago* (last edited 1 month ago)

Tencent existing as a private enterprise is compatible with the statement you are responding to.

[–] [email protected] -1 points 1 month ago (1 children)

Lack of common sense could make life harder sometimes ;)

[–] [email protected] 1 points 1 month ago* (last edited 1 month ago) (1 children)

"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.

[–] [email protected] -1 points 1 month ago* (last edited 1 month ago) (2 children)

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

[–] [email protected] 1 points 1 month ago

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.

[–] [email protected] 1 points 1 month ago

Told person who do not know the difference between authoritarian capitalistic dictatorship and commuism state.

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?

I just lurked into your account, this explains a LOT xD

Wow, what a vile little weirdo treating me being openly trans as some own.

[–] [email protected] -2 points 1 month ago (1 children)

It's state capitalism with a veneer of communism.

[–] [email protected] 3 points 1 month ago (1 children)

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.

[–] [email protected] -1 points 1 month ago (1 children)

According to DuckDuckGo

State Capitalism: An economic system that is primarily capitalistic but there is some degree of government ownership of the means of production.

Basically capitalism managed and owned by the state. This is not communism, nor even socialism. China is communist in name only.

[–] [email protected] 3 points 1 month ago

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