I mean, they have to be if the gini coefficient of china is almost as bad as the USA and there is still widespread poverty in the country at the same time as there are billionaires
edit: also, didn’t hu jintao make it so that capitalists can literally become CPC members? lol
Look up their poverty alleviation programme from 2012 to 2020. Also lookup the incredibly tight regulations on tech and AI sector. No way a bourgeois state would ever allow such restrictions on their fastest growing industry!
I know about their poverty alleviation programs, I just think that they need to be doing more to restrict the power of billionaires, and think that the CPC isn’t necessarily a dictatorship of the proletariat because it’s rather autocratic. I also like that their tech industry has restrictions, but that just means their government acts wisely
I mean, they have to be if the gini coefficient of china is almost as bad as the USA and there is still widespread poverty in the country at the same time as there are billionaires
edit: also, didn’t hu jintao make it so that capitalists can literally become CPC members? lol
Look up their poverty alleviation programme from 2012 to 2020. Also lookup the incredibly tight regulations on tech and AI sector. No way a bourgeois state would ever allow such restrictions on their fastest growing industry!
I know about their poverty alleviation programs, I just think that they need to be doing more to restrict the power of billionaires, and think that the CPC isn’t necessarily a dictatorship of the proletariat because it’s rather autocratic. I also like that their tech industry has restrictions, but that just means their government acts wisely
Then how does China avoid suffering from the same crises of capitalism that even Nordic Social Democracies fall for?
Do they though? They still let the housing bubble happen in the first place, even if they dealt a punishment for it
They didn’t let it affect the house owners though. Got the houses out of it.
Okay this is getting beyond my level of knowledge so i’ll concede lol