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Isn't communism a political system that nearly always implements extreme socialism? I mean the last 30 years in China have shown a communist country successfull
by merpnderp 7y ago
Isn't communism a political system that nearly always implements extreme socialism? I mean the last 30 years in China have shown a communist country successfully implement a capitalist system and bring nearly a billion people out of extreme poverty and into wide spread prosperity, but aren't they the only one?
- Gibbon1 7y agoChina is a large scale command economy[1] with a market driven middle tier. Far as I can tell this is the organization that works well. The neoliberal/fresh water economic pipe dream doesn't. The problem with the latter is it lack top level coherence and degenerates into looting[2]. [1] State supported heavy industry, export sector, and large public works projects. [2] Russia after shock treatment is economically worse off than under communism. Roll that over.