this post was submitted on 31 Dec 2024
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[–] [email protected] 2 points 1 week ago (1 children)

I think you need to read the article more:

Large public companies have been opened to individual investors, but control remains firmly in the hands of the central government.

The CPC's strategy since Deng has been to invite investors to help industrialize at a rapid pace, while maintaining state supremacy and guidance.

[–] [email protected] 1 points 1 week ago (1 children)

All the metrics I've found have indicated China is moving towards capitalism/private ownership and away from socialism/public ownership. If you can find data/a graph that shows otherwise, we can continue the conversation.

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

I'm telling you that seeing the overall system as a balancing act between Capitalism and Socialism is wrong. Socialism and Capitalism are terms for the broader system, not individual elements within it. Conflating public ownership with Socialism itself and Private Ownership with Capitalism itself is an anti-Marxist view of Capitalism and Socialism as systems. I already linked 2 scholarly articles showcasing the trends towards constraining the Private Sector and expanding government control over it.

If you are going to hinge continuing this conversation on whether I play by your mistaken conceptions of Socialism, then I fear this isn't going to be productive anyways, regardless of what I provide.