"It's totally a core theory in Marxism to enslave your country to Western corporations, create a massive clique multi-billionaires who run the Communist Party, maintain massive stock markets, have sixteen-hour workdays, totally Marxist! This is what Lenin would dream about!"> -Dengists
Bails out wall street, the hub of Capitalism
Xi Xinping is a multi-millionaire, if not billionaire
Sends guns to Capitalist governments in India, Nepal, and the Philippines to kill Communist revolutionaires
Consitution enshires private ownership of the means of production into law, in a similar way to how the USA consitution does
Has the largest amont of billionaires, more than any other country, even the USA
Creates dept-traps and economic colonies in Africa
Forces workers to work until 9PM, with little democratic say in the work-place, said work-place being owned by a millionaire or Western megacorporation
The stars on its flag represent class collaboration with the bourgeoisie and landlords
That seems rather Capitalist to me...
Sources:
Experences and Challenges in the development of the Chinese Capital Market
This is nothing more than Dengist Revisionist propaganda, and a total detachment from Marxism.
Furthermore, The PRC has shown an extreme amont of amiability to its bourgeoisie, they have greatly removed labour rights, and given many favours to its bourgeoisie, not anything near hostility.
In fact, you have already partially proven my point: "These enterprises exist as an arm of the state and function within the global capitalist ideological context". In other words, these SOEs have been turned into a form of Capitalist-style ownership in order for them to be able to contend with Western corporations.
These SOEs fuction identically to private ownership, they both are owned by a bourgeois class, they both exploit their workers' labour value, and they both care about profits. Therefore, even these SOEs create Capitalist exploitation.
Lastly on this point, how is poverty reduction Socialism by itself? Poverty reduction could sometimes happen under Capitalism, do we call that Socialism?
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