Not familiar enough with the details to say if its the exact same thing, sounds similar from what i can grok from the wikipedia, though china doesn't pretend it's internal market is a free market, It's very clearly heavily regulated.
I would also caution against view this as a linear sequence of events. One of the best points that Richard Wolf makes is that the USSR was an experiment, an attempt at building an alternative to capitalism, viewing the USSR as the holy text that must be followed is a bad idea as it in the end did collapse.
I try to see what the Chinese are doing in much the same way. An attempt at finding new paths while learning from the worst failures of the USSR.
You are saying China today is like if the SU stuck to the NEP instead of moving to a top down planned economy
Not familiar enough with the details to say if its the exact same thing, sounds similar from what i can grok from the wikipedia, though china doesn't pretend it's internal market is a free market, It's very clearly heavily regulated.
I would also caution against view this as a linear sequence of events. One of the best points that Richard Wolf makes is that the USSR was an experiment, an attempt at building an alternative to capitalism, viewing the USSR as the holy text that must be followed is a bad idea as it in the end did collapse.
I try to see what the Chinese are doing in much the same way. An attempt at finding new paths while learning from the worst failures of the USSR.
Today I learned what the word grok means
you're now my water brother