this post was submitted on 28 Nov 2025
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Public ownership is the principle aspect of their economy, and a working class party has domination over their state. The large firms and key industries are overwhelmingly publicly owned, with massive state owned enterprises forming the backbone of their economy. Private, cooperative, and joint-stock ownership covers mostly the small and medium firms, and the larger of these are heavily controlled and influenced by the CPC.
As for being "mixed," all economies are mixed, that doesn't mean we can't identify what the principle aspect of the economy is. Socialism isn't a "pure" mode of production, and neither is capitalism, you don't have X% capitalism, Y% socialism, etc. That's not how modes of production work.
Saying the public has ownership implies that they have some control of it which certainly isn't true. It's more like a Palace economy than anything.
The government is democratically run, and the working class is in control of it. It absolutely is true.
That's just delusional.
No? China is a democratic country with more people haopy with it than western countries:
You're a delusional, rabid shitlib that is actively towing the line for a invasion of Venezuela by a hegemonic power that has over 200 military bases in the world while playing down the actual efforts of a socialist nation that has succeeded in nearly eliminating homelessness with a higher literacy rate, higher home-ownership rate and higher protein consumed per capita as demonstrable effects of socialist policy meant to assist and uplift the working class of the nation.
A large majority of those in China is a PART of the Communist Party of China and it has one of the highest government satisfaction rates in the entire world, despite the criticisms people can level at it rightfully or not. You tow the line for imperialism, deny the accomplishments of one of the most successful socialist experiments and have the right to call anything "delusional?"
Back to Reddit!