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
seems to me like FDR new deal style economics on steroids. quite a few new dealers had an end goal of a sort of technocratic socialism. i think back in the 40s everyone thought socialism was going to be the end goal of capitalism. the chinese seem to have learned from the mistakes of the past and have an actual ML party behind stuff. ehh it's the best we got now. my hope lies in the younger generation who seem pretty based and are educated marxists and have a full state apparatus neatly wrapped up with a bow for them to easily seize, unlike the U.S.