3 ms·
On the spectrum between pure communism and pure capitalism, modern China is closer to the US than the US is close to pure capitalism. > has resulted in big cha
by ackfoobar 1y ago
On the spectrum between pure communism and pure capitalism, modern China is closer to the US than the US is close to pure capitalism.
> has resulted in big changes
The change was allowing market forces to align incentives.
https://en.wikipedia.org/wiki/Reform_and_opening_up https://en.wikipedia.org/wiki/Reform_and_opening_up