• RedCat
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    10 months ago

    Sure. If we are taking about “Has China capitalist elements?” The answer is without a doubt yes. But this doesn’t make China capitalist. They are squarely in the transitional stage between capitalism and socialism and show elements of both (as was already described by Lenin). With the overall trajectory of the country clearly steering towards socialism so I personally don’t think it’s fair to call China capitalist. Adding to that, China’s current wealth isn’t build upon the blood of the third world which also makes them quite different to America or Europe.

    • _NoName_@lemmy.ml
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      10 months ago

      I did not say “China is capitalist”, I stated “China has adopted capitalism to benefit its economy” which it absolutely has, both in it’s in-state strategy and it’s global strategy.

      • RedCat
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        10 months ago

        I am sorry then. I must have misunderstood you because I agree with you.