Message from @Walsp
Discord ID: 515537580780027904
never said it was good
2 times
it's not about quality
**IT'S NOT ABOUT QUALITY**
Nothing is 100% beeman
it's about the characteristics of the system
It's all about percent
China owns the means of production, ergo it's a socialist system
Not all means of production
Nazi Germany also allowed individuals to run and profit from running companies, but at the end of the day the state determined what happened to that company
Just the largest means
Codes is also wrong. China is far from capitalist
you are allowed to operate a business, but you don't own it
^
@Abel I disagree with the "also" though, as I never said China was communist, just that it wasnt capitalist
You guys seem to thing that your either capitalist or your not
the only capitalism that china use is state run capitalism
"state run capitalism" isn't capitalism
Its privately owned by people that are part of the party
Economic systems merge
And twist
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