• ZWQbpkzl [none/use name]
    ·
    4 months ago

    What exactly is the difference between market socialism and china's economic policy? Is it laissez-faire economics except everything has to be a co-op?

    • deathtoreddit@lemmygrad.ml
      ·
      edit-2
      4 months ago

      The public-owned planned sector, which contains most of China's essential, industrial and agricultural industries, is kept separate from the private sector,

      which is unrestrained in its organization as capitalist entities...

      If ye want more info, uh, https://en.prolewiki.org/wiki/Essay:Why_China_is_not_Capitalist

    • Finiteacorn@lemmygrad.ml
      ·
      4 months ago

      There is no difference, China has a market socialist system, probably the best example of such a system ever.