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Is China actually socialist? (lemmy.ml)

submitted 1 week ago by Silly_Goose@lemmy.ml to c/socialism@lemmy.ml

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Asking this because i’m a newbie in the topic of socialism and i want to understand whether China is actually considerable socialist or not. A lot of the stuff we see are Chinese brands, owned by privates (at least i think so, correct me if i’m wrong), making tons of capital. So what’s actually going on?

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[–] Cowbee@lemmy.ml 3 points 3 days ago

I gave you a source already, and the purpose of developing the productive forces rapidly is to reach the level at which exploitation is economically unfeasible, when there will not be an antagonistic contradiction between social ownership and decentralized production. I don't know what your point is.