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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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[–] 13 points 2 months ago

The commanding heights of the economy are overwhelmingly publicly owned and controlled, and the state itself is dominated by the proletariat. There are worker councils as well. This is pretty clearly socialism, the marketization that exists exists in largely emerging markets so as to accelerate the process of socializing production. The basis of the Socialist Market Economy lies straight in Marx and Engels, and measures they propose.

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