Oh well if they say their production is socialist guided then they're tooootally socialist! Just ignore the privately owned factories paying people $2 a day and the fact billionaires still exist.
Just ignore the privately owned factories paying people $2 a day
Chinese average labor costs were $6.5 per hour in 2020.
The factories aren’t privately owned, they’re owned by the country and rented by private companies. Stop talking. You don’t know shit. Start reading and educating yourself instead of spreading US state department propaganda.
So, what you're saying is they're not owned collectively by the workers? Tell me again why independent unions are illegal in China.
This is grasping at straws to find justifications for hating china as much as the state dept. tells you to while telling yourself you're a leftist. I'll report you to Bernie for this.
"Owned by the state and rented by private corps" sounds like state capitalism to me. Come back to me when workers own any means of production.
Could I have a source that says Xi Jinping personally has legal rights of ownership over every single one of the over 9000 businesses in China? What an insane level of grindset if he does.
He's the Supreme Leader smart guy, if he can execute some billionaires he can eradicate all billionairism, but he won't. Btw with China's purchasing power parity being 4x the US (1 USD in America will get you as far as 4 USD in China), that means 250+ millionaires technically have the same power as US billionaires, so basically there's way more billionaires than we even thought by US standards
Independent unions are illegal in China because in the USSR the were legal. The CIA used them to cause problems and harm not only the workers they represent but everyone. In that the government plays a role in most business there is a direct path for worker democracy. We can see this because every year China fixes lots of thr taking points people use against it and then the US government has to make up new ones.
So what you’re saying is you still don’t know shit.
::: spoiler information on collective ownership
Haha, you’re being collectively owned!
:::
Socialism is a mode of production that is in part defined by class war between the elites and the people, with the state being on the side of the people (as shown by their desire to bolster food security). In our current globalized world, China is not in a position to bring about full communism, liquidating all the elite, without incurring apocalyptic economic punishment from Western capitalists.
China is a country with flaws, but a country doesn't need to have achieved a fully functional planned economy to be called socialist, as the label is contingent on the ideology that the state employs in the governance of their country.