• I_Has_A_Hat@lemmy.world
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      7 days ago

      China is about as socialist as my shit is a bouquet of roses.

      It’s capitalism. It’s always capitalism.

      • Cowbee [he/they]@lemmy.ml
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        7 days ago

        The large firms and key industries are overwhelmingly publicly owned, and the working class is in charge of the state. It’s been socialist since the CPC beat the Kuomintang. The presence of private property in a system doesn’t mean the system is capitalist, this was already understood in Marx’s time.