this post was submitted on 30 Sep 2025
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[–] Cowbee@lemmy.ml 20 points 2 months ago (2 children)

The large firms and key industries are publicly owned, and the working class is in control of the state while capitalists are suppressed and prevented from expanding into those principal firms and industries. It's been socialist since the CPC successfully overthrew the nationalists.

[–] pillowtags@lemmy.dbzer0.com -2 points 2 months ago (1 children)

I’m sorry, the working class is in control of the state? I’d love to hear something to back up such a strong statement.

[–] Cowbee@lemmy.ml 24 points 2 months ago (1 children)

The communists overthrew the nationalists, and since then public ownership is the principle aspect of the economy. Democracy was expanded and is comprehensively surveyed from the bottom-up, and capitalists are kept in check by the socialist state.

What exactly do you want to read about? That's a broad question, if you narrow it down a bit I might be able to give you a more focused answer.