sarcasm/ *china is bad because it's no longer communist* /sarcasm

>"Liberal"
>A "communism good" button
you cunts are doing this on purpose

Some say China is currently in the first stage of "state capitalism" i.e. allowing entrepreneurship but with heavy regulations

In fact what I know about China is that the economy wouldn't even function without bribery and blackmail

@Jokerfaic liberal collage != liberal

Communism is just state capitalism

...

State capitalism is actually a joke term, it's not a real thing

I just use it in quotes

China's model is more like the nazis. They allow markets but they are subordinate to the state's demands.

But in essence, it is. You can't make big business in china unless you're approved by the powers that be. And if u get too much money, they will get it from you by force & being imprisoned+organ donor'd. Hence why chinese try to smuggle their money out

I mean, when capitalism is abused by select actors, it becomes socialism for the rich

china has a lot more state owned and worker owned enterprise than nazi germany

they basically have a 50/50 split between private business and state or worker owned businesses

bank subsidies, quantitative easing, year after year of tax breaks and so on

Even private business are shells for the politicians

india is actually similar in that regard though the indian state doesn't have as much power over private enterprise i don't think

only the biggest ones

@Death in June don't you legally need to be a part of the ccp to own a business in china?

well, for the formal sector, at least

But the "private" industry is bound by law to serve the state's demands. Which is basically how it worked in Germany.

though not too big, those ones are the politicians bosses

So fascism

not that i'm aware of

well in germany the fuhrer formally had absolute authority over all facets of the country

though legally firms weren't necessarily obligated to serve the state's demands and the freedom of contract was generally respected

"Freedom of contract" with the understanding that at any time they wished the state could and would seize your business.....

yeah

Same as China

Tbh in theory the "state" capitalism of venezuela, china and germany seems the same to me, except for the degree of how much political-class elites there are

china and germany are more similar to eachother than either are to venezuela i think

Venezuela has less politician/military-elites, but regardless in such nations the state owns/controls/gets any business that goes against their vision

Much more authoritarian too. If they had more persons rubbing shoulders with Maduro and he let more politicians "own"/take control of the industries, it can look like china.

There is some freedom to china/germany. But it's still easily taken by the government

looking more like china would be a big improvement over what they have now

Like china wrt economic, ethnic or big government?

the economic system

the venezuelan government just attempts to control private enterprise through a web of strangling regulations

Maduro seized all industries. Lots of small business owners were imprisoned for not wanting to give them up

That's why every American company fucking left

Their grocery shelves are full of one-brand only items/monopoly