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Except China isn't exactly communist. They're a "socialist market economy." Yes, the government exerts a lot of control and owns a great deal of industry, but t
by erellsworth 4y ago
Except China isn't exactly communist. They're a "socialist market economy." Yes, the government exerts a lot of control and owns a great deal of industry, but there's also a significant private sector. It's basically state capitalism, closer to fascism with a blending of state and corporate interests.
Communism is not just another word for authoritarian. Totalitarian regimes come in a variety of economic flavors.
- wrycoder 4y agoOk, nationalistic totalitarian socialist-corporatists, then. Fascists, in other words.