this post was submitted on 19 Dec 2024
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The easiest counter to this is that the PRC itself does not consider its economy to be socialist.
Exhibit A: The whole "Western Marxist" debate. A whole lot of people will look for someone else to blame before they blame themselves or their group.
What leads you to say that the PRC doesn’t consider its current economy socialist? I’ve only seen it referred to in official sources as the “socialist market economy” which they specify is a specific stage of socialist development but still socialist due to predominance of public ownership