• gaifux@lemmy.world
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      8 months ago

      Lol yes, abolishment of private property and government ownership of the means of production doesn’t automatically mean authoritarianism. How could I forget? To control a government best thing is to give them more power, gotcha. Thanks for clueing me into your logic steel trap dawg

      • Tom_Hanx_Hail_Satan@lemmy.ca
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        8 months ago

        My authoritarianism comment was in refrence to the “free democracy” comment, homie. Sorry if you need those things spoonfed to you. And state ownership doesn’t automatically mean public ownership. China is a real world example of that. Thanks for clueing me into your idiocy, dipshit.

    • Mango@lemmy.world
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      8 months ago

      China really isn’t. They gotta jump through some wild hoops to do business over there. Apparently the way they exchange value between companies is via some share of inventory for sales or whatever. It’s complicated AF, so I don’t know how to explain it.

      • Tom_Hanx_Hail_Satan@lemmy.ca
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        8 months ago

        Julan Du and Chenggang Xu analyzed the Chinese model in a 2005 paper to assess whether it represents a type of market socialism or capitalism. They concluded that China’s contemporary economic system represents a form of capitalism rather than market socialism because: (1) financial markets exist which permit private share ownership—a feature absent in the economic literature on market socialism; and (2) state profits are retained by enterprises rather than being distributed among the population in a social dividend or similar scheme, which are central features in most models of market socialism. Du and Xu concluded that China is not a market socialist economy, but an unstable form of capitalism.[18]

        That’s from a Wikipedia. I’m not going to pretend to have a strong grasp on it but it’s state owned enterprises that function, essentially, as private (separate from government). That combined with production for profit > production for use makes it way more in the capitalist spectrum compared to Marxists ideology. Especially considering their human rights record.