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Agree with most of what you wrote, but China isn’t capitalist, they’re mercantilist with socialist policies. Capital is heavily constrained under Xi.
by arrosenberg 1y ago
Agree with most of what you wrote, but China isn’t capitalist, they’re mercantilist with socialist policies. Capital is heavily constrained under Xi.
- aylmao 1y agoChina is socialist.
- arrosenberg 1y agoVery convincing argument, but no. They have socialist policies, but their economics are mercantile.