this post was submitted on 20 Aug 2023
704 points (96.8% liked)

Asklemmy

43948 readers
487 users here now

A loosely moderated place to ask open-ended questions

Search asklemmy ๐Ÿ”

If your post meets the following criteria, it's welcome here!

  1. Open-ended question
  2. Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
  3. Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
  4. Not ad nauseam inducing: please make sure it is a question that would be new to most members
  5. An actual topic of discussion

Looking for support?

Looking for a community?

~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[โ€“] Chapo0114@hexbear.net 6 points 1 year ago (2 children)

Are we really denying that the "Chinese Characteristics" of the PRC's "Socialism with Chinese Characteristics" is Capitalism? Btw, I think the good parts of China are the socialism bits.

[โ€“] Annakah69@hexbear.net 24 points 1 year ago

The CPC controls all capital in the country. They are coordinating and intervening in the economy with the goal of building a socialist society. This is very different from the US and it's client states. Capital is controlled by the bourgeois, with no obligations other than a gluttonous desire to accumulate.

[โ€“] CriticalResist8@lemmygrad.ml 24 points 1 year ago (1 children)

capitalism is not bits and pieces here and there, it's an entire mode of production with its own base and superstructure. In that sense China can't be called capitalist. At best we could say it has "capitalist elements" but even then that's a stretch when getting down into the details of what these elements actually are.

[โ€“] Chapo0114@hexbear.net 12 points 1 year ago (1 children)

I mean, some (most? Idk) of the means of production are owned by the state (ostensibly a proxy for the people, I'd rather it was more direct but the government has consistently high approval so I'll give it a pass) and those are clearly socialistic.

But there are certainly factories and what not owned by capitalists, and as that accounts for much of the production that goes on in China, and as these products are not destined to serve the public weal but rather to be sent abroad as bits and bobs to be sold and promptly thrown away as serves global capital, I really don't get the desire to not call this capitalism.

China, to me, has a very clear mixed economy with elements of both socialism and capitalism.

[โ€“] CriticalResist8@lemmygrad.ml 21 points 1 year ago* (last edited 1 year ago) (1 children)

But as I've argued, having elements of capitalism like commodity production (and the subsequent export of these commodities) does not make China capitalist by themselves, which is also the original point I was making, that China has not "turned" to capitalism* like OP might have implied.

Markets are not inherently capitalist, and these capitalist elements in China allow them to build their productive forces which are required to achieve socialism, they're also the same commodities they build for the Belt and Road initiative, for example ๐Ÿ˜

Capitalism can be summed up in many ways, and one of them is production for the sake of finding a market and making money. There is capital in China (in the marxist definition) and people can make money, but while these capitalist want to simply make more money, for the Chinese government the goal is to build up production and achieve socialism, hence why the superstructure of China vs. any country in the imperial core is different. In the first case (capitalism) we'll just keep producing and creating markets infinitely, the "anarchy of production and socialisation of labour", and in the second case they're using some methods (with the consequences that come with it -> if you make a factory to produce stuff, you will have to find a market to buy that stuff so you can produce more stuff) as a stepping stone until they don't need to any more.

Of course the superstructure is predicated on the base, and in China for example land is leased to businesses, but never sold, and the government can take back their property at any time, including whatever is on it. It's fundamentally different to capitalism in the west.

[โ€“] JamesConeZone@hexbear.net 15 points 1 year ago

This was super helpful comrade, thanks for this post