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Posts tagged ‘China’

Link: “What should socialists say about China?”

Original post found at: https://redflag.org.au/article/what-should-socialists-say-about-china

China is ruled by a Communist Party, and has been for seven decades—but it’s a “Communist” party more committed to international free trade and globalisation than many major pro-capitalist parties in the West. The state controls all of China’s most important industrial sectors and the financial system, and treats the private sector as a tame subordinate—yet China is producing new billionaires faster than anywhere in the world, has only the shadow of a welfare state and produces more consumer commodities for massive corporations like Apple and Honda than any other country. What kind of a society is this, that so freely and easily mixes the features of a capitalist market economy with an old-school Stalinist dictatorship?

(Spoiler: It’s a state capitalist one 😉)

a cartoony avatar of Jessica Smith is a left-wing feminist who loves animals, books, gaming, and cooking; she’s also very interested in linguistics, history, technology and society.