Hacker News new | ask | show | jobs
by stcredzero 2581 days ago
I just think it's easier to call China a totalitarian capitalist state, without torturing other labels to make them fit.

I think calling them capitalist doesn't involve much less "torturing labels" than calling them communist.

1 comments

Ok fair enough. What is it about China that makes it explicitly not capitalist?

Since it's absolutely not communism, what makes it absolutely not a capitalist economy?

There's a ton of state ownership of industry, particularly manufacturing, and land is strictly controlled.

That's why I called it "mixed-command".