China has capitalists, yes. This does not mean they control the economy. As I already said, capitalists exist in a cage, used primarily for the beneficial socializing aspect markets have with respect to disconnected, smaller and competitive industries. To dogmatically collectivize even highly underdeveloped industry is a misstep, which was committed by the Gang of Four.
Socialist countries like the USSR and DPRK that have more tightly controlled economies are typically this way due to encirclement and needing to defend themselves, not because this is the most sensible course for development from a Marxist perspective. Even in the USSR, Stalin had the artels, which were essentially worker cooperatives, well after the end of the NEP.
Trying to centrally plan a bunch of small businesses would be a nightmare, but it’s much easier to plan large industry. That’s why the basis of communism is large industry, and why one of the most critical tasks of any socialist country is to develop the productive forces in the best way possible. China allows limited private property for the progressive role it plays in comparison to small businesses and other petty production.
How familiar are you with Marxism? China’s economy makes perfect sense when viewed from a Marxist angle, and they are Marxist-Leninists.
China has capitalists, yes. This does not mean they control the economy. As I already said, capitalists exist in a cage, used primarily for the beneficial socializing aspect markets have with respect to disconnected, smaller and competitive industries. To dogmatically collectivize even highly underdeveloped industry is a misstep, which was committed by the Gang of Four.
Socialist countries like the USSR and DPRK that have more tightly controlled economies are typically this way due to encirclement and needing to defend themselves, not because this is the most sensible course for development from a Marxist perspective. Even in the USSR, Stalin had the artels, which were essentially worker cooperatives, well after the end of the NEP.
Trying to centrally plan a bunch of small businesses would be a nightmare, but it’s much easier to plan large industry. That’s why the basis of communism is large industry, and why one of the most critical tasks of any socialist country is to develop the productive forces in the best way possible. China allows limited private property for the progressive role it plays in comparison to small businesses and other petty production.
How familiar are you with Marxism? China’s economy makes perfect sense when viewed from a Marxist angle, and they are Marxist-Leninists.