this post was submitted on 06 Oct 2024
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[–] CyberMonkey404@lemmy.ml 12 points 2 months ago (2 children)

Woulda been funny. Not just for the obvious benefit of having an uprising and potential revolution in Europe, but also to see how genuine those "red millionaires" are about socialism with Chinese characteristics

[–] Cowbee@lemmy.ml 7 points 2 months ago (1 children)

A bit nitpicky, but the idea behind SWCC isn't that the Capialists in the PRC are "the people's Capitalists" or anything, but that the State as a DotP allows market competition in a controlled manner similar to a birdcage. As these markets form monopolist syndicates, they centralize, and socialize, by which point the CPC increases public owership. Communism is achieved by degree, not by decree. Trying to achieve Communism through fiat has historically resulted in struggles and difficulties.

I recommend reading Socialism Developed China, Not Capitalism for an overview of what that entails.

[–] Fidel_Cashflow@lemmy.ml 5 points 2 months ago* (last edited 2 months ago)

I also recommend The East is Still Red - Chinese Socialism in the 21st Century by Carlos Martinez, it does a great job of dispelling common myths about China and it's economy, foreign policy, etc with solid sources through a solidly materialist lens.