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videos • 6 months ago

How can China be socialist if it has a stock market? Understanding the Chinese economy

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How can China be socialist if it has a stock market? Understanding the Chinese economy

The Soviet Reporter@lemmygrad.ml

to

videos • 6 months ago

China describes its system as a "socialist market economy". How does that work? What is the role of its stock exchanges? Ben Norton explains Socialism with C...

cross-posted from: https://lemmygrad.ml/post/5011990

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GarbageShoot [he/him]
·
6 months ago
"State capitalism" is a form of socialism pioneered by Lenin. It's not just "markets but also the government over them".

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