• Cowbee [he/they]@lemmy.ml
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    19 hours ago

    China has a Socialist Market Economy, it isn’t so much a cocktail as it is Marxism-Leninism applied to China’s current conditions.

    • Dimmer@leminal.space
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      19 hours ago

      China has a Socialist Market Economy, it isn’t so much a cocktail as it is Marxism-Leninism applied to China’s current conditions.

      This sentence is in Chinese constitution and text book for every first grade student. Repeating it doesn’t help any meaningful conversation, unless you are a 7 years old trying to pass exam and get to second grade…

      • Cowbee [he/they]@lemmy.ml
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        19 hours ago

        It’s a sentence I made, just because the PRC agrees with describing themselves that way doesn’t mean I’m not adding to meaningful conversation. When you declare that China is a cocktail of Capitalism and Socialism, what does that actually mean? It seemed like your comment was more about not analyzing China’s economy than coming up with a coherent and consistent answer, which is what I pushed forward.

        Basically, Capitalism and Socialism are descriptors of overall systems, not portions of an economy, so calling a system a cocktail of each doesn’t make too much sense and adds confusion more than clarity.