Too complex for an HN post and ultimately my definition will far too short, so I'll just cop out by saying "I know it when I see it".
Usually defined by a relatively more weighted public sector ownership and operation of the factors of production. It's about worker control. And my overall feelings of it is relative to places like the U.S. which practices a form of democratic-ish corporatist oligarchy.
In the context of this conversation, where your efforts won't go to improve the wealth or power or status of your boss, I'd say you'd have to get pretty socialist to solve that problem.
I agree, China doesn’t meet the criteria imo. It’s totalitarian, nationalist and it does not provide socialized medicine - it has more in common with the US than with the other examples, I believe. Over the years they’ve been moving to privatize many industries - not all though.
Interestingly the Western leaning Taiwan usually portrayed as the capitalist counterpart does provide socialized medicine, having quite recently de-privatized the system with great results.
Usually defined by a relatively more weighted public sector ownership and operation of the factors of production. It's about worker control. And my overall feelings of it is relative to places like the U.S. which practices a form of democratic-ish corporatist oligarchy.
https://en.wikipedia.org/wiki/I_know_it_when_I_see_it