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this post was submitted on 02 Aug 2026
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it's the only place where capitalism does more good than harm for the average person at the moment.
The PRC is not capitalist, it's a mixed economy where the socialist / state-planned sector predominates, and a smaller, restricted capitalist sector.
Is China State Capitalist?
I agree that China is not state capitalist, it very much is socialist. But I'd argue they use capitalism as a tool (not as an ideology).
I.e., use capitalist modes of market development to socialize production in new markets. Then socialize the capital after that's established. I see this as one of the ways they've developed their light industry sections
I'm gonna be honest, I haven't read all of your links, we may very well be mostly agreeing