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Why is China still under socialism with Chinese characteristics? (lemmygrad.ml)

submitted 5 days ago by WilliamA@lemmygrad.ml to c/genzedong@lemmygrad.ml

20 comments fedilink hide all child comments

I understand that the market reforms where great for the people of China and helped it develop into a global superpower competing with the USA. However, now that there is such growth, shouldn't they start tuning down the private sector until it's fully replaced? Similar market reforms happened in the USSR, but that was replaced when the USSR economy grew. I tried to research it, but all I got was capitalist bs from the west. Also, even with the private sector, shouldn't higher education be paid for? I understand that there is nuance and it is not that simple, that is why I'm posting this: I want to understand the nuance, not to spread ultra bs.

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[–] Soot@hexbear.net 36 points 5 days ago* (last edited 5 days ago)

Again, it's very hard to see the inner workings of China from our viewpoint, but one could definitely argue that they're in the process of doing it. I think it was nary a year ago they passed a major law that mandates worker-elected board members for swathes of companies, and many more similar reforms that increase worker control over workplaces. They'll probably spend years enforcing and setting all that up. If they do continue with changes like that, then they're undeniably moving away from private sector control and toward a worker-controlled economy.

China is the only country of its kind, it has no peers to meaningfully compare itself to, so I daresay any fast, radical changes would be a foolish high-risk move that risks collapsing the socialist project globally. The west stands ready to maximally exploit the slightest crack at the drop of a hat, so it can't risk showing any weakness.

But thankfully, it doesn't live under bourgeois democracy, it actually can make progress through incremental, gradual change, and there's definitely an argument to be made that it is doing exactly that.