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by parsadotsh 2135 days ago
> when they start utilizing markets

I don't think you're familiar with the modern Chinese economy...

2 comments

Not to mention markets don’t really affect how TMSC or Samsung are organized internally.
that's what I'm saying: chinese prosperity is largely happening when they use markets, but the popular idea that there's some unstoppable, ultra-powerful chimera of totalitarianism and capitalism - I think there's a huge burden of proof that it isn't fundamentally still organizational folly like much of totalitarian states/communism
Even the USSR under Lenin utilized markets in some cases. Communist ideology isn't fundamentally opposed to markets.
The Chinese economy is hardly communist at this stage, it's a mix of socialism and state sponsored capitalism.
Agreed.