this post was submitted on 09 Aug 2023
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They're obviously not fascist, and you'd know that if you were being honest about it and bothered educating yourself both on what fascism is, and on the realities of the PRC.
Also, it's not "state capitalism". They do use a market economy in addition to a planned economy, as part of the overall socialist economic system. It's not a binary either-or; using a market economy doesn't mean it's capitalism, and planned economy (intervention) doesn't mean it's socialism. They're structural terms, and relate to purpose: capitalism's purpose is to maximally extract profit and concentrate wealth; socialism's purpose is to better the lives (materially and culturally) of its people. China, as a socialist system, takes advantage of the benefits that a market economy can offer (efficiency, competition, resource allocation, demand and pricing signals) but doesn't use it to extract and concentrate wealth: instead, it uses the net benefits of the market economy to benefit the people. Similarly, a purely planned economy can be very stable and fair but is prone to stagnation and slow progress. By using both systems simultaneously, taking the relative advantages of each, China is able to benefit from efficiency and stability. There's also no pure free market economy: every capitalist economy has degrees of government intervention (another name for planned economy), especially in times of crises.
Tell me this, does this supposed "socialist system" have workers owning the means of production? How are factory conditions again? Hell you can't even particularly call them a social democracy, they don't have complete universal healthcare like Europe yet, and they have less than half the paid leave! Socialist system with billionaires, LMFAO (I don't care if the rules are stricter and they're held more accountable, the fact they exist in the first place is pure capitalism).
And I'm calling them fascist because of how they treat political dissidents and minorities.
You ever notice how America seems unable to meaningfully damage China's economy?
This is because China's economy is integral to everyone else's. You can't really hurt China without hurting yourself. Their annual trade volume is in the trillions of dollars.
China paid a price for this leverage. The price was allowing capitalists to operate within China. That is how you do business with the rest of the capitalist world.
Go back to hexbear.