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Unless you're referring to Mao's rule, "Chinese socialism" is another word for "capitalism". The US, too, has some fields of the economy that are almost entire
by Manuel_D 1y ago
Unless you're referring to Mao's rule, "Chinese socialism" is another word for "capitalism".
The US, too, has some fields of the economy that are almost entirely state owned. E.g. roads, K-12 education, public safety, transit. The existence of a few public industries does not make a country socialist.