this post was submitted on 09 Aug 2023
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That's called state capitalism wise guy.
State capitalism is when you execute billionaires and enact compulsory planning for key parts of the nation's development such as health and infrastructure.
No but state capitalism is when the majority of billionaires are allowed to exist in the first place dumbass. Tight regulations don't make you socialist. And putting money into health and infrastructure is possible under capitalism LMFAO
Socialism is a transitory stage between capitalism and communism where there is ongoing class warfare between the bourgeoisie and the proletariat my dude. In China, the state is on the side of the proletariat, not the bourgeois.
And yet China is the only major power where the state has a tight grip on both... Interesting!
THEN BAN BILLIONAIRES AND STOP FOLLOWING DENG'S CAPITALISM JFC. Not that hard if they were actually socialist and aiming for communism.
So why haven't you done it yet?
https://redsails.org/china-has-billionaires/
Maybe say something of your own instead of linking a wall text. Does it look like I wanna read 5 pages of CCP propaganda?
Lol 5 pages 😂🫴📖
"Red Sails is a website run by Roderic Day in collaboration with Nia Frome, Sobrina de Alguien, and several other comrades."
That would be going into the realm of conspiracy theories lmao