China is not a socialist state, even if more aspects are planned compared to the west. It’s state capitalism. Wage labor, profit motive, and capital accumulation are central features of the economy. Inequality is on a similar level to the US.
I’m not disputing, however, that it probably is superior to laissez-faire capitalism.
China has a socialist market economy, public ownership is the principal aspect of the economy and the working classes control the state. State capitalism refers more to the Republic of Korea, where the state is heavily involved in an economy where private ownership is principal and capitalists control the state.
Thank you for the suggestion. Have you read it? I’m not arguing that state capitalism isn’t a necessary step to socialism, merely that this development hasn’t concluded. Would you say that the interests of the whole people has been met and therefore state capitalism has been overcome?
I would say that at current in China it is very clearly being made to serve the whole people under a revolutionary democratic state and thus is socialism.
Before I respond fully to give me a baseline of your thoughts, could you explain to me how you think the Chinese system works? Why it doesn’t count as democracy and ideally an example or 2 of real democracies?
China is a one party state. The CCP cannot be voted out, challenged or replaced. The legislature has never once rejected a Party decision. Xi removed his own term limits in 2018. Media is state controlled, dissent gets you imprisoned and there is no independent judiciary.
Democracy means people can remove their government. In China that is simply not possible, it is written out of the system by design.
Two examples of actual democracies: Japan and South Korea. Both have multiple parties, a free press, independent courts and governments that have actually been voted out.
you can find all of these in varying degrees in most aes countries. socialism is always unique in a lot of ways between cultures, that doesn’t mean they are capitalists.
china’s economy is geared towards integration with the global economy so market based private companies are permitted with conditions, but most of the country’s gdp is under the government’s control. it’s just not as you’d see in the ussr.
you are probably thinking of communism, which is the stage at which we would have already gotten rid of centering our lives around money.
China is not a socialist state, even if more aspects are planned compared to the west. It’s state capitalism. Wage labor, profit motive, and capital accumulation are central features of the economy. Inequality is on a similar level to the US.
I’m not disputing, however, that it probably is superior to laissez-faire capitalism.
Read theory.
China has a socialist market economy, public ownership is the principal aspect of the economy and the working classes control the state. State capitalism refers more to the Republic of Korea, where the state is heavily involved in an economy where private ownership is principal and capitalists control the state.
For socialism is merely the next step forward from state-capitalist monopoly. Or, in other words, socialism is merely state-capitalist monopoly which is made to serve the interests of the whole people and has to that extent ceased to be capitalist monopoly.
You should try reading Lenin.
Thank you for the suggestion. Have you read it? I’m not arguing that state capitalism isn’t a necessary step to socialism, merely that this development hasn’t concluded. Would you say that the interests of the whole people has been met and therefore state capitalism has been overcome?
Nobody has said China has finished the development of socialism, just that they are already socialist, which is true.
I would say that at current in China it is very clearly being made to serve the whole people under a revolutionary democratic state and thus is socialism.
I’m not sure I understand you correctly. Are you saying China is in the process of becoming democratic or is democratic already?
China is democratic. One of the few truly democratic nations on earth.
I see. We have a very divergent definition of democracy then. What are other truly democratic nations to you? North Korea? Myanmar?
Before I respond fully to give me a baseline of your thoughts, could you explain to me how you think the Chinese system works? Why it doesn’t count as democracy and ideally an example or 2 of real democracies?
China is a one party state. The CCP cannot be voted out, challenged or replaced. The legislature has never once rejected a Party decision. Xi removed his own term limits in 2018. Media is state controlled, dissent gets you imprisoned and there is no independent judiciary.
Democracy means people can remove their government. In China that is simply not possible, it is written out of the system by design. Two examples of actual democracies: Japan and South Korea. Both have multiple parties, a free press, independent courts and governments that have actually been voted out.
Now shoot, cowboy.
Nothing says “democracy” like a president for life!
Wrong.
Is China State Capitalist?
you can find all of these in varying degrees in most aes countries. socialism is always unique in a lot of ways between cultures, that doesn’t mean they are capitalists.
china’s economy is geared towards integration with the global economy so market based private companies are permitted with conditions, but most of the country’s gdp is under the government’s control. it’s just not as you’d see in the ussr.
you are probably thinking of communism, which is the stage at which we would have already gotten rid of centering our lives around money.