this post was submitted on 24 Jan 2025
849 points (97.8% liked)
Memes
46374 readers
2002 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
China is still Marxist-Leninist, by the way. It isn't Capitalist, it has a Socialist Market Economy. Gradually, it is increasing the strength of the Public Sector and folding the Private under its control as well. Deng didn't "introduce Capitalism," if you want to actually learn how the economy works in China here is a good introduction to Socialism with Chinese Characteristics. The economy is run on a Marxist understanding of economics, if you're praising it you're praising Marxism.