Ask Lemmygrad

Is China State Capitalist?

• The backbone of the economy is state ownership and socialist planning. 24 / 25 of the top revenue companies are state-owned and planned. 70% of the top 500 companies are State-owned. 1, 2 The largest bank, construction, electricity, and energy companies in the world, are CPC controlled entities, subject to the 5 year plans laid out by the central committee.
• Workplace democracy in action in the CPC.
• Is modern day china communist? Is it staying true to communist values?
• Didn't China go Capitalist with Deng Xiaoping? Didn't it liberalize its economy? Is China's drastic decrease in poverty a result of the increase in free market capitalist policies?
• Is the CPC committed to communism?
• The Long Game and Its Contradictions. Audiobook
• The myth of Chinese state capitalism. Did Deng really betray Chinese socialism?
• Tsinghua University- Is Socialism with Chinese Characteristics real socialism, or is it state Capitalism?
• Isn't China revisionist for having a capitalist sector of the economy, and working with capitalists? Why isn't it fully planned like the USSR was?
• Castro on why both China and Vietnam are socialist countries.

Also watch these two videos by Paul Cockshott on what makes the socialist surplus different from the capitalist one also.

• In what sense was the USSR socialist
• Socialism and Surplus