this post was submitted on 30 Sep 2025
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[–] pillowtags@lemmy.dbzer0.com -4 points 22 hours ago (1 children)

What does “public ownership” mean? They’re not paying dividends to every Chinese citizen, right? I assume you mean “the state”, in which case I’m not seeing your point.

[–] Cowbee@lemmy.ml 13 points 22 hours ago (1 children)

Public ownership doesn't mean receipt of dividends, like some kind of massive cooperative. It means owned across all of society. The state handles that in socialism, yes, China is socialist.