Thoughts?
Is this imperialism by China, a country which is supposed to be left-wing? Leftists are normally anti-imperialism. Wouldn’t it be better to let Taiwan democratically decide whether they want to be part of China or not?
Thoughts?
Is this imperialism by China, a country which is supposed to be left-wing? Leftists are normally anti-imperialism. Wouldn’t it be better to let Taiwan democratically decide whether they want to be part of China or not?
China isn’t technically communist. The Communist Party of China is technically communist in ideology. They have implemented a type of a mixed state that has both socialist and capitalist parts, decently described by the term - socialist market economy. Or socialism with Chinese characteristics as it’s been called in the past. Why socialism? Because the socialist part controls the capitalist part of the economy. Why socialist? Because it’s controlled by the CPC/CCP which has over 100M members and growing, which means the wider society is decently represented within the party that controls the state.
It’s literally the same functional mechanics as free market capitalization EXCEPT that the state owns a part of every company. The people don’t. The state does. And only uses it for authoritarian control, which is the Chinese characteristic. China is functionally a capitalist market with state owned companies.
If China controlled the 3rd party companies in the country then maybe it could be construed as socialist but they own nothing about Apple or NVidia yet billions of dollars flow through them. China is an open market that uses subsidies to offset poor management in those companies. Basically the same thing America did to failing companies in 2008 (looking at you GM).
China has a large fully state-owned sector which tends to operate key industries. They also have outsized control over private firms because the banks doling out capital are state-owned. It’s how they can effectively direct the private sector to build EVs, chips or whatever other strategic commodity is desired, in addition to having partial ownership in large private firms. Yes Apple and NVIDIA aren’t state-owned. You can read about the state owned sector and how it affects the economy. The structure is very differrnt than the US today. It resembles somewhat the 1940s US but with even more state control and direction.
A horse can call itself a duck, but that doesn’t make it a duck; it’s still a horse.
Likewise, a country that calls itself communist while practicing capitalism under a hierarchical ruling party isn’t communist. Even if every member of the CCP had equal say in the country’s policies and direction, 8% of the total population is far from representing the working class, let alone being led by them.
They’re not communist, correct. They’re capitalist.
Yup, it can and it should be much larger. I saw a chart showing membership growth of 2-3% per year. That said even at the present numbers it means every third family or so has a party member.
Again, China isn’t calling itself communist. And I don’t think they’re. That said capital is subordinate to state control, which is subordinate to an org that most people can participate in, so I personally grant them the socialist (market economy) label that they tend to use. But I do understand why not everyone does.
To be clear, if you’re not communist, it doesn’t mean you’re capitalist. There’s a lot in between and it’s often a matter of degree of one thing or another. Feudalism didn’t turn into capitalism the moment the fist capitalist firm formed. It transitioned to capitalism as more and more production became capitalist, at some point becoming the dominant mode of production.
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