balderdash9 comments on Is China capitalist? Leftists vs Liberal

[–] balderdash9@lemmy.zip 6 points 1 year ago* (1 child)

That's helpful, thanks Cowbee. I know socialism is a transitional state but I thought that the bar was much much higher and/or the weeding out of private property/profit would happen faster by necessity. Which isn't to downplay China's achievements but it is confusing for someone just reading this stuff.

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[–] Cowbee@lemmy.ml 6 points 1 year ago

No problem. It's important to recognize that they tried that already, under the Gang of Four, and it didn't work as well because China wasn't developed enough. It adopted more market reforms out of necessity, and it's helping them move onto more developed stages of socialism faster. Here's a diagram from Cheng Enfu that I find helpful:

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