Are we really denying that the “Chinese Characteristics” of the PRC’s “Socialism with Chinese Characteristics” is Capitalism? Btw, I think the good parts of China are the socialism bits.
capitalism is not bits and pieces here and there, it’s an entire mode of production with its own base and superstructure. In that sense China can’t be called capitalist. At best we could say it has “capitalist elements” but even then that’s a stretch when getting down into the details of what these elements actually are.
I mean, some (most? Idk) of the means of production are owned by the state (ostensibly a proxy for the people, I’d rather it was more direct but the government has consistently high approval so I’ll give it a pass) and those are clearly socialistic.
But there are certainly factories and what not owned by capitalists, and as that accounts for much of the production that goes on in China, and as these products are not destined to serve the public weal but rather to be sent abroad as bits and bobs to be sold and promptly thrown away as serves global capital, I really don’t get the desire to not call this capitalism.
China, to me, has a very clear mixed economy with elements of both socialism and capitalism.
Are we really denying that the “Chinese Characteristics” of the PRC’s “Socialism with Chinese Characteristics” is Capitalism? Btw, I think the good parts of China are the socialism bits.
capitalism is not bits and pieces here and there, it’s an entire mode of production with its own base and superstructure. In that sense China can’t be called capitalist. At best we could say it has “capitalist elements” but even then that’s a stretch when getting down into the details of what these elements actually are.
I mean, some (most? Idk) of the means of production are owned by the state (ostensibly a proxy for the people, I’d rather it was more direct but the government has consistently high approval so I’ll give it a pass) and those are clearly socialistic.
But there are certainly factories and what not owned by capitalists, and as that accounts for much of the production that goes on in China, and as these products are not destined to serve the public weal but rather to be sent abroad as bits and bobs to be sold and promptly thrown away as serves global capital, I really don’t get the desire to not call this capitalism.
China, to me, has a very clear mixed economy with elements of both socialism and capitalism.