this post was submitted on 17 Jan 2024
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No, China is socialist.
The USA or India are by economy and population respectively the largest capitalist nations.
I'm confused.. Do you know what the terms that you use even mean?
To get a baseline here.. Do you think France is socialist or capitalist?
China has been mixed market economy for decades. You were talking about private property ownership. Are you not aware that China has one of the highest home ownership numbers in the world?
I do have a grasp of what capitalist and socialist mean. I'm confused by your mixing and matching of terms. I'm consistently using Marxist definitions here.
France is a country with a capitalist mode of production.
China is socialist. China has home ownership for personal use, but no private land ownership and ever dwindling private ownership of the means of production. Homes for the purpose of living in, ie personal property, are not a means of production, and houses for rent for the purpose of enriching the owner at the expense of the tenant, ie private property, basically don't exist.
Markets have nothing to do with the distinction between capitalist and socialist modes of production, the ownership of the means of production and thus also the class in control of the state is the defining characteristic.
If you're interested in learning more about SWCC here are some resources.
Study guide: https://www.qiaocollective.com/education/socialism-with-chinese-characteristics?rq=Socialism%20with%20Chinese%20characteristics
An older but still relevant essay on how China is not capitalist: https://chinareporting.blogspot.com/2009/11/class-nature-of-chinese-state-critique_26.html?m=1
Are you sure you're a Marxist? Sound more like an American from the 50s..
Socialism and capitalism are not mutually exclusive.
Capitalism is an economic system where the capital owner holds the means of production and their operation for profit.
Sorry to burst your bubble, but China does have companies that operate globally and are for profit, and some of them are even privately owned.
There are different forms of capitalism. For example: France is mainly welfare capitalism, China is state capitalism (party state capitalism to be more precise) and people would argue that USA is laissez-faire capitalism.
There are also different types of socialism.. France for example is a socialist democracy. China is totalitarian socialism.
Most of the biggest industries in France, from energy to rail, are state owned.
Seems like you live in a dream world. 20% of home owners in China have a second (and more) home/s, and they definitely use it for profit.
Also, leasehold of state property exist all over the globe. It's not unique to capitalism or socialism or any other ism.
I can't respond to this, it's so absurd and distortionist. In the context of tried and true Marxist-Leninist theory, the word philistine comes to mind.
In any case, this theory is all available online for free if you're interested. Marxists.org js a good place to start.
As I thought, you're not here to debate in good faith with facts. Just spew your version of events and propaganda. Thanks for clarifying.
You're welcome to come discuss the vast differences between liberalism and Marxism over at Lemmygrad anytime.
Just think this needs to be said: you don't have to support China's form of Socialism to be a Socialist, but it's worth understanding that personal and private ownership are completely different. There absolutely does exist a bourgeois class in China and it still has Capitalism, but owning homes for personal use rather than as a landlord does not make China more Capitalist in any form.
Right.
And if the user of the home owns it, then it's not being used as capital.
So it has one of the lowest rates of homes being owned by capital. Good point.
Someone is inevitably going to link this article here, so it may as well be me: https://redsails.org/china-has-billionaires/