• OurToothbrush@lemmy.ml
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      5 months ago

      Run by communists with a majority public sector and control of private enterprise? Hmm. Doesn’t sound correct.

        • OurToothbrush@lemmy.ml
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          5 months ago

          All capitalism requires a state, the fact that you call an alternate system “state capitalism” just goes to show that you need to do more research on what capitalism is.

          • The Stoned Hacker@lemmy.world
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            5 months ago

            According to DuckDuckGo

            State Capitalism: An economic system that is primarily capitalistic but there is some degree of government ownership of the means of production.

            Basically capitalism managed and owned by the state. This is not communism, nor even socialism. China is communist in name only.

            • OurToothbrush@lemmy.ml
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              5 months ago

              Oh my god I didn’t consider what the brilliant minds of a duck duck go- wait you didn’t even cite where the definition is from?

              Lol

        • OurToothbrush@lemmy.ml
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          5 months ago

          Tencent existing as a private enterprise is compatible with the statement you are responding to.

        • OurToothbrush@lemmy.ml
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          5 months ago

          “Common sense”, aka you don’t know shit about how to define capitalism or about the political economy of China and insist that your poorly developed ideas are self evident.

          • khaleer@sopuli.xyz
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            5 months ago

            Told person who do not know the difference between authoritarian capitalistic dictatorship and commuism state. Go swallow your copium pills. EDIT: I just lurked into your account, this explains a LOT xD

            • OurToothbrush@lemmy.ml
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              5 months ago

              Told person who do not know the difference between authoritarian capitalistic dictatorship and commuism state.

              Gonna throw out the word authoritarian because it is an empty signifier.

              If China is a capitalist dictatorship why is the economy mostly publicly owned, with the percentage growing? Why does its government have a 95 percent approval rating according to a Harvard study, and why do innovations in participatory democracy emerge from China?

              I just lurked into your account, this explains a LOT xD

              Wow, what a vile little weirdo treating me being openly trans as some own.

            • Cowbee [he/they]@lemmy.ml
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              5 months ago

              You might want to read the article China Has Billionaires. The economic case for China being Socialist is not unfounded. Nobody believes China has reached full Socialization of the economy, but it is largely Socialized, and appears to be increasingly Socialized as compared to the Dengist period.