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

all telecon companys are run by the state .

doesnt matter how fucking private they classify that shit

Okay, so you experience disadvantages if you don't choose what the state offers.

Is that alone a criterion for socialism?

You mean regulated by the state

But like hey

the criterion for socialism is that the state owns the means of production

never said it was good

China has multiple disqualifying factors
1. The state owns companies, and there's no legal basis for privately owning your company or competing with those companies
2. The state owns all the land

1 more time

I might stop posting it

Yes, but it's a bit hard to pin it down. Usually, those systems are hybrid. It's not all one or the other.