this post was submitted on 28 Jan 2025
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[โ€“] umbrella@lemmy.ml 6 points 2 days ago (1 children)

china is transitioning to socialism, they have a somewhat free market still.

if they are doing capitalism better than the us, thats on the us honestly.

[โ€“] Cowbee@lemmy.ml 7 points 2 days ago

Technical clarification: China is already Socialist, at least in the Marxist conception. What they are working on is reaching further and further stages of Socialism and increased socialization of the economy through focusing on both developing the productive forces and alleviating poverty.