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Why can Socialist Market Economy be categorized as socialism meanwhile NEP is categorized as state capitalism? (lemmy.ml)

submitted 1 month ago* (last edited 1 month ago) by fatur0000new@lemmy.ml to c/asklemmygrad@lemmygrad.ml

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Genuine question

Edit: change the title from "Why can Socialist Market Economy be categorized as socialism, and why is NEP categorized as state capitalism?" to "Why can Socialist Market Economy be categorized as socialism meanwhile NEP is categorized as state capitalism?"

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[–] deathtoreddit@lemmygrad.ml 6 points 1 month ago* (last edited 1 month ago)

My point is state capitalism is not necessarily useless term exclusive to left {anti-communists} like you indicate it is. It's also a matter of life description.

Seriously state capitalism is a completely useless term, its so poorly defined it describes nothing and people should really stop using it.

That being said, fine, market socialist