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Political mindset evolution
(lemmy.ml)
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this post was submitted on 21 Jul 2024
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Buddy capitalism is a specific production system not when you do trade
Capitalism is basically when another private citizen or private company can take you on as a wage laborer.
If you can go get “a job” which is when you can put known work for known money consistently, and the one hiring you is someone other than the government, you’re in a capitalist place.
Capitalism requires state subservience to the market as well, which doesn't exist in China.