• uniqueid198x@lemmy.dbzer0.com
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      1 year ago

      The characterization of china as state capitalism? You know, I hadn’t ever gatten a first hand source for it, so you did inspire me to check my understanding.

      Its a central tenant and a core part of Xi Jiping thought. It was unanimously affirmed at the 20th party constitution convention. Some key highlights:

      • the system under which public ownership is the mainstay and diverse forms of ownership develop together
      • the socialist market economy
      • efforts to foster a new pattern of development that is focused on the domestic economy and features positive interplay between domestic and international economic flows

      you can read it yourself in the resolution on Party Constitution amendment

        • uniqueid198x@lemmy.dbzer0.com
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          1 year ago

          My understanding of it is a system of ownership and direction of enterprizes, where the state participates as a capitalist and as managenent, either wholely or in concert with private ownership.

          You know, like Lennin meant

          edit to add: Lennin was certainly against any private participation in capitalism, but the soviet party did loosen that with parastroika, and the Chinese Communist party started with, I believe, Deng Xiaping Thought, tho I would have to double chetk that it didn’t start earlier

            • uniqueid198x@lemmy.dbzer0.com
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              1 year ago

              Thanks, that did help deepen my understanding. Its good to see that the current thought remains commited to socialism and recognizes the miss-steps of the past, and is continuing to iterate towards a more equitable future.

              Perhaps one day they will achieve it. I certainly hope they do. As of yet, the state capitalism approach to building socialism has had a number of mistakes and limited success, such that I still remain skeptical of it.

              • silent_water [she/her]@hexbear.net
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                1 year ago

                listen to season 2 of Blowback on Cuba. American policy radicalized the revolution and forced them from a more reformist stance, into ML orthodoxy, and they’ve achieved a tremendous amount while under seige from the US.