How is Chinese socialism different from neoliberalism? Is the main difference just lying in intent and ideology? They both believe in regulated capitalism. Chinese has its concrete goal to reach communism and Neoliberalism believes in magic hand of markets to just do good somehow?

What else am I missing? I understand it's probably a lot and that im being really reductive but this is why u ask questions ig

  • ShimmeringKoi [comrade/them]
    ·
    2 years ago

    They both believe in regulated capitalism.

    The problem, and I apoligize if this seems snarky, is that you believe neoliberals when they say this. Their actions speak for themselves when they privatize every public good and create austerity. Compare that to China doing something like decommodifying education or executing capitalists who's greed causes harm to the people. Neoliberal "regulation" is a pinky promise from mining companies that they won't put too much industrial runoff in the water, promise, whereas CPC regulation is a gun to the head of any for-profit company operating within their jurisdiction.