this post was submitted on 06 Apr 2025
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A material argument I like to go for is that a socialist economy requires having access to all the raw resources you need. China is a net importer of oil, importing 70% of its supply. Gas too. Just to name two things.
In order to get these resources, it needs international trade. In order to participate in international trade, it needs to give a concession to international capitalists in order to appease them. If it does not, it gets locked out of international trade (Cuba/DPRK) because there's nothing in it for the capitalists.
USSR had every resource it needed inside its own borders.
Current situation in the world is that there simply are not enough socialist countries for socialism to operate solely within itself, it needs access to western markets, and some incentive is required for the capitalist in order to get that access.