This is what lack of material analysis does to a mother fucker.

Why do we loathe capitalism? Because of its essence? No. Because of a subset of its effects. Capitalism itself is an arrangement of social forces. What is there to loathe about it in essence? The loathing is of the alienation, the class antagonism, the environmental degradation, the oppression. Capitalism is loathsome because of some of the things it does to humanity.

But capitalism is also an organic result of the manifestation of prehistoric white trauma. It is a natural outcome of specific conditions and it serves specific functions. The world as you know it, nearly all of it, was built within the capitalist mode of production. What your life consists of now could not have been created through feudal society nor through slave society.

It is possible that another form of industry could have emerged from non-European society that would not have gone through the capitalist mode of production but a) it hasn't happened and b) we haven't theorized how it would happen.

So reality is here. We have to deal with it. Capitalism is a facet of this stage of social development in the human species. One can no more do away with it by fiat than one can do away with trauma or coping mechanisms or addiction or many other arrangements of humanity brought about by prior conditions tied inextricably to long historical processes.

You can't just deny its existence, nor it's history, nor can you can hope to deny all that it has enabled if you expect to be able to overcome it. You must know your enemy to defeat it. Simply claiming your enemy is evil and then refusing to understand your enemy ensures your defeat.

Capitalism, like any opponent, has strengths and weaknesses. Those strengths perpetuate it, solve problems that human society has, and produces outcomes that human society wants. It's weaknesses, however, are things that threaten to collapse it, things that produces outcomes human society does not want, and creates problems for human society.

We must understand both of these, and how they relate to each other, if we are to overcome capitalism.

China's use of capitalism is an acknowledgement that it is useful to solve specific problems in human society, and in fact is useful to solve some problems in the meta game. Not only did a capitalist mode of production solve major industrial problems for China which were required to meet the needs of the masses, it also had the effect of reducing the opposition from the imperialists, which creates much needed space for it to continue to operate.

It learned from the USSR that used capitalism to solve problems for a short time, and then adopted a hard-line bloc stance, forcing it into increasingly more difficult positions vis-a-vis the imperialists, which weakened the USSR instead of strengthing it.

China has far surpassed what the USSR was able to do, and it has done so while remaining truer to its theoretical roots than the USSR was able to do in the same time frame.

By choosing an idealist perspective on capitalism (i.e. capitalism is bad) instead of a materialist one (i.e. capitalism is internally contradictory) you doom yourself to ignorance, incorrect reasoning, incorrect conclusions, and therefore incorrect praxis