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Your opinion on China (pt. 2) (europe.pub)
submitted 2 months ago* (last edited 2 months ago) by to c/asklemmygrad@lemmygrad.ml
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Alright, now I get that your opinion is positive on average, but we gotta address the elephant in the room, which is that China is a market economy and that there's no soviets or direct ownership of the means of production (or at least not as far as I know). How is China socialist then? I have heard many Trotskyst define China as "state capitalist" more than socialist

EDIT: Thank you all for your detailed responses, I will make sure to do my homework and study well

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[–] 7 points 2 months ago

It's the workers that run the government and dictate investment. It's a market economy because it needed resources and development and thus needed to play the game in a capitalist world. As it becomes more advanced and self-sufficient, this is less of a concern.

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