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>Communist parties have nationalized entire economies in the past, and to suggest they won't do the same again is ignoring many of the actions that Xi Jinping h
by woodandsteel 8y ago
>Communist parties have nationalized entire economies in the past, and to suggest they won't do the same again is ignoring many of the actions that Xi Jinping has taken to bring back Marxist thought into the country.
Yes, he could do that, but the problem is that state-capitalist economies do poorly in the modern world. That's why Dung Xiaoping abandoned Maoism and turned to the free market in the first place.
- mempko 8y agoAll capitalist economies are State Capitalist economies. A free-market capitalist economy is a fiction.
- woodandsteel 8y agoThat's utter nonsense. Are you claiming that in the US today, Trump or his subordinates decides exactly what will be produced and who will be the heads of all enterprises, like was the case of, for instance, Stalin and Soviet Union? By the way, the term "state capitalism" was invented to communicate that the economy in the Soviet Union was radically different from either a free market economy or the anarchistic, democratic socialist economy that the Bolscheviks had promised.