I ain't buying shit products

cap·i·tal·ism
an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.

But just because the government has companies it controls does not in itself preclude a capitalist system, I think. Sure, there is an unfair advantage, but I think it's hard to find a system that has absolutely pure markets.

Cause I define s capitalist economy

Economic reforms introducing market principles began in 1978 and were carried out in two stages. The first stage, in the late 1970s and early 1980s, involved the decollectivization of agriculture, the opening up of the country to foreign investment, and permission for entrepreneurs to start businesses.

This is what china did

>doesnt know one of his own country's major corporations
>wants to discuss markets
holy fuck

My money wont be going to shit

Muscle neck man is in the news again.

This guy

Derailing conversations

the short answer is, it doesnt
The US government does not own Monsanto

Okay, so what would Europe be? For example, in many modern social democracies, the government has public health insurance, but you can still choose private alternatives as a consumer.

Capitalist or not?

You guys been on the same conversation for hours upon hours now.

>.>

Europe is Capitalist with a high tax to pay for social programs

Get a new topic!

It's been about 1.5 hours

an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.

it's **P R I V A T E L Y O W N E D**

Thats capitalism

yes i linked that like 2 mins ago

Its all comes down to privatization

Well, then, to be consistent, we cannot simply use state owned companies as sole characteristics, as long as the consumers have a choice in the market.

aswell as free market as it plays into the free market

What is "free"?

Having a choice as a consumer?

consumers in china dont have a choice

What we got here is not capitalist, the government owns stakes in multiple companies and untill recently owned several companies that held a monopoly on specific goods because of that.

having a choice of which market you enter

because of credit scoring

Actually, they do.

Credit Scoring

if you dont buy chinese products

you cant get a bank loan

END OF STORY

In China, you can choose alternative telecom companies, as long as you live in a metropolitan area.

not talking about Telecom

Talking about chinese goods and services

to free or not to free

Telecom is a good and service