this post was submitted on 31 Aug 2025
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Source.
That's a very liberal understanding of socialism, and explicitly rejects the fact that China is in the beginning stages of socialism, not claiming it's a higher stage. The large firms and key industries are publicly owned, while the medium and small firms are cooperatively owned, privately owned, or joint-stock. Cheng Enfu made a model to make it easier to understand:
The CCP got into power seventy-six years ago how long does it take to get into the next stage?
China was a largely feudal county working its way out of brutal colonial exploitation - for which the exploiters have never paid reparations and still held on to Hong Kong for decades.
How long does it take to build productive forces and modernize while still subject to unequal exchange and general imperialism? That is a social and political question, so you tell me about where China was and what its path has been. How many other imoerialized countries jave eliminated absolute poverty, by the way? Not just taking decades to do it, but accomplish it at all.