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

Nah, you do what you need to to survive in the face of imperialism, and to better the conditions of the working class.

Though this will come with risks of a capitalist revolution, considering Cuba’s history and how its bourge and reactionary elements are removed from Cuba, these risks are greatly diminished.

Does the US having communist parties and co-ops make it less capitalist? Of course not.

We always have to ask ourselves, who is in power and with whose consent are they ruling with?

Does this mean that every socialist project will be absolutely perfect and straight of a communist manifesto, of course not? There will always be contradictions, but I think it will always come down to are the proletariat in control and/ do they have a governing body that represents their interests.

No.

If we can learn anything from the most successful use of capitalism, being Dengism in China, we can see that while capitalism can be administered by socialists, and carefully corralled, both as a strategy for growth or as a concession to pressure, we should be wary that this will create challenges to growing capitalist power and corruption within the government, the exact poisons which eventually killed the USSR, the exact poisons that the current CPC had to fight to diminish to ensure China's socialist longevity.

Perhaps I am being optimistic, but in my opinion the shifting tides of this world war show that the small socialist countries like Cuba and Vietnam have made it through the worst, that things will only get easier from here on; with the US dying, there is less overbearing external pressure to rapidly develop or sate bloodthirsty enemies. That being said, even if the US vaporized wholesale tomorrow, we will be dealing with the reverberations of neoliberalism and fascism for decades to come. Cuba and Vietnam might have made it over the hump in the grand scheme of things, but they still have a strenuous road ahead for them, and the capitalist elements within their country will always fundamentally be an antagonistic force eager to exploit any vulnerability. It is not the beginning of the end of socialism...if the corruption and capitalist power can and is fought effectively.