its not true capitalism

Many of the biggest companies are still state owned.

it's like saying you have a democracy when you have only one viable candidate

China Telecom (中国电信集团公司), for example, is state owned.

its private businesses free market controlled by Xinpings inner group

it's not private if it's owned by the government

What they do, though, is issue shares that can be publicly traded.

by definition

no its "privately owned by members of the chinese communist party"

Those usually appear in stock exchanges in Hong Kong (H shares), Shanghai and Shenzhen.

thats what they call it

@Walsp It's not capitalist if the public isn't allowed to own and sell it

the reality as we all are aware is not private

which is a distinction without a difference

I am not really sure what to call this.

It's socialism with a pink ribbon on top

its capitalist if its a "Free market " but we know they monitor it

I suppose it's all hybrid nowadays.

yes

Allowing people to own minor shares in a company doesnt mean it's a hybrid

Then I guess America is not capitalist

Heavily monitored

they use a Hybrid system of it but not completely

so how much of Monsanto does the state own?

Walsp actually gets it

there was a article on it but i fear it is propaganda

Be warned

Maybe not by itself, but there are many other aspects that I think would muddle the distinctions.

what china says its system is can be lied about

I think those are non-voting shares.

And what our news feeds have on this is also possibly skewed

We may disagree but he actually gets it

Idk dude

Ask gingabomber

@Cody
how much of Monsanto is owned by the US Govt?

I talked about this exact thing

I dont even care who Monsanto is

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