I came across this thoughtful response a while back, on Facebook of all places, and to this day it’s still one of the best intros to the “is China socialist?” question I’ve seen.— professional hog groomer (@bidetmarxman) January 25, 2022
I thought this was really well thought out actually
Disregarding the fact that by pointing to the “socialism by 35” line, you’re literally admitting that China is currently capitalist. Capitalism being allegedly steered towards socialism is still capitalism.)
China has capitalism but isnt capitalist. It has a mixed economy. For China to be capitalist capitalists would have to be able take control/be able to heavily influence the state in a way that benefits the bourgeoisie, which isnt the case.
They've been heavily investing in public infrastructure and eradicating poverty. They don't even shy back regulating their highly profitable tech industry, etc. China is state socialist
China has capitalism but isnt capitalist. It has a mixed economy. For China to be capitalist capitalists would have to be able take control/be able to heavily influence the state in a way that benefits the bourgeoisie, which isnt the case.
They've been heavily investing in public infrastructure and eradicating poverty. They don't even shy back regulating their highly profitable tech industry, etc. China is state socialist