Whether you believe to have been fully correct or not, we cannot simply pretend that the PRC is Capitalist. Socialism is not about purity, but which class and which economic system has dominance, along with where it is trending towards. The PRC is dominated by the CPC as a DotP with strong central planning and huge public ownership, the presense of markets alone do not make it Capitalist.
Whether you believe
to have been fully correct or not, we cannot simply pretend that the PRC is Capitalist. Socialism is not about purity, but which class and which economic system has dominance, along with where it is trending towards. The PRC is dominated by the CPC as a DotP with strong central planning and huge public ownership, the presense of markets alone do not make it Capitalist.
But Capitalism is when commerce and trade and Socialism is no foodGotta love the Austrian school of economics, endless comedy!
Capitalism is when goodism, socialism is when badism.
Amazing how what we were told in 7th grade becomes a full intellectual movement and nothing else.