Communism vs. the "free" market
Communism vs. the "free" market
63 comments
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Facts.
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So real!
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China isn't communist, but way kess stupid as the US, that is the main difference. It's something like a state capitalism, not depending on private lobbies as in the other capitalist systems. A real comunist state don't currently exist in the world (no, also not North Corea, it's a fascistic dictatorship, not so far from what will be the US with Trump in the near future)
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China is a socialist state with a communist party in charge of it. This is an indisputable fact. The whole notion of state capitalism is a misnomer. The purpose of labor under actual capitalism is to produce capital for business owners. Capital accumulation is the driving mechanic of the system, hence the name. Meanwhile, the purpose of state owned enterprise is to provide social value such as building infrastructure, producing food and energy, providing healthcare, and so on.
Communism does not exist in the world because capitalism is still the dominant ideology. Socialist systems such as one in China are the first step towards communism.
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Is China State Capitalist?
- The backbone of the economy is state ownership and socialist planning. 24 / 25 of the top revenue companies are state-owned and planned. 70% of the top 500 companies are State-owned. 1, 2 The largest bank, construction, electricity, and energy companies in the world, are CPC controlled entities, subject to the 5 year plans laid out by the central committee.
- Workplace democracy in action in the CPC.
- Is modern day china communist? Is it staying true to communist values?
- Didn't China go Capitalist with Deng Xiaoping? Didn't it liberalize its economy? Is China's drastic decrease in poverty a result of the increase in free market capitalist policies?
- Is the CPC committed to communism?
- The Long Game and Its Contradictions. Audiobook
- The myth of Chinese state capitalism. Did Deng really betray Chinese socialism?
- Tsinghua University- Is Socialism with Chinese Characteristics real socialism, or is it state Capitalism?
- Isn't China revisionist for having a capitalist sector of the economy, and working with capitalists? Why isn't it fully planned like the USSR was?
- Castro on why both China and Vietnam are socialist countries.
- Roderic Day - China has billionaires.
- What is socialism with Chinese characteristics (SWCC?
- How is SWCC not revisionist? How is it any different from Gorbachev's market reforms?, 2
- Domenico Losurdo - is China state capitalist?, 2
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Japans rail system cooks china.
Edit: can't reply to any comments because disagreement is against the rules.
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By what metric?
China has the world's largest HSR network at 45,000KM, 15x that of Japan's 3,000KM network.
Chinas fastest regular use line is 350KM/h. Japan's is 320KM/h.
(AFAIK) China is the only country with an operational maglev line (in Shanghai). A 30KM line at 430KM/h. While Japan's Maglev is still under construction.
So what are the metrics that Japan's rail system cooks China?
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Where does Japan sit on the political spectrum? (Between left and right)
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Is Japan communist?
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China has state capitalism, far from Communism. Still a win for china tho.
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No, China does not have state capitalism. Presumably, what you refer to as "state capitalism" is the fact that much of the economy is under state ownership. However, there is a fundamental difference between regular capitalism and what you refer to as state capitalism here. The purpose of labor under actual capitalism is to create capital for business owners. Capital accumulation is the driving mechanic of the system, hence the name. Meanwhile, the purpose of state owned enterprise is to provide social value such as building infrastructure, producing food and energy, providing healthcare, and so on.
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The PRC is a Socialist economy that is governed by a Communist party. "Communism" as an ideology is the guideline of the CPC, ergo the fact that the PRC has rapidly developed a massive and competent rail system can be seen as an achievement for Communism.
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China is not state capitalist, its a mixed economy with the planned socialist sector predominating. See here.
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63 comments
It's worse than that. Amtrak gets government subsidies. Conservatives take that to be Communism, so even the "capitalist" solution, the only train we have, is constantly under threat.
Which is, as you hint at, an absurdity. Communism, Capitalism, and Socialism are not elements of society, but the overarching Mode of Production. That's why Bismark wasn't a Socialist despite nationalizing industries, what matters is the overall economy and the direction its heading.