Not not really. China's economy is currently a state monopoly capitalist one, which is a socialist market economy. State monopoly capitalism is the correct term, but liberals use it to denounce the socialist system and say "look, capitalism always wins!" without any analysis of how it works
Projection and political illiteracy
Not not really. China's economy is currently a state monopoly capitalist one, which is a socialist market economy. State monopoly capitalism is the correct term, but liberals use it to denounce the socialist system and say "look, capitalism always wins!" without any analysis of how it works
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