China's ruling Communist Party is demanding a show of greater loyalty from the sprawling private sector as the world's second-largest economy grapples with growing external risks, from open U.S. hostility to the coronavirus pandemic.
Look at the usernames in the comment thread. I jumped in purely to discuss the effectiveness of the party-state in bending private industry to the Party’s goals.
If you wanna call that nationalisation, socialism, etc, go for it.
I definitely don’t want to call that socialism, because it’s
the opposite. Also not nationalization, which is a straightforward concept that doesn’t apply here.
I’m not going to celebrate the CPC’s selling out workers and defending capitalist relations to the point where the CPC is now itself captured.
Look at the usernames in the comment thread. I jumped in purely to discuss the effectiveness of the party-state in bending private industry to the Party’s goals.
If you wanna call that nationalisation, socialism, etc, go for it.
I definitely don’t want to call that socialism, because it’s
the opposite. Also not nationalization, which is a straightforward concept that doesn’t apply here.
I’m not going to celebrate the CPC’s selling out workers and defending capitalist relations to the point where the CPC is now itself captured.