A great podcast episode that helps explain why China isn't socialist

https://www.iheart.com/podcast/105-it-could-happen-here-30717896/episode/the-chinese-economy-demystified-the-state-117331540/

It's common among anti-tankie leftists to claim that China is a state capitalist economy, but as Mia Wong explains, the "state" part of that phrase is debatable. China is arguably just another neoliberal country with a more complicated chain of ownership for its corporations.

11 points · 2 comments · view on lemmy.world

2 Comments

Rogue_General@lemmy.world · 1 pts · 3y

Saving to listen later, thanks for this.

boredtortoise@lemmy.world · 1 pts · 3y

It's interesting that such a podcast discussion is seen as needed. Like we don't need to ponder if other China-like entities such as Russia, Israel, USA, North Korea, Soviet Union, Nazi Germany etc. are/were socialist because the answer is an immediate no.