China has what they define as a socialist market economy, not very different from social democratic systems in Scandinavia, without the democracy. Its just capitalism with more state control than most countries.
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Thanks for your highly insightful comments. Capitalism has only one defining feature, the means of production are privately owned. Seriously, you've made your point. We disagree on the meaning of capitalism. I'm sure you're smarter than me.
It's a sliding scale. There are no states without both private and public ownership. When the state owns big parts of the means of production, but allows private enterprise,and runs the whole country as a corporation, that is state capitalism.
https://en.m.wikipedia.org/wiki/State_capitalism
Which, I am arguing is a poor bastardization of the word "captialism" which does not allow for state owned production. It creates a bad understanding of the concept that allows people to argue a failed "free market" in the US, which hasn't even approached a free market in decades.
I agree with your last sentence,except I have no wish to see a free market, even if it would have worked. Now it's time for bed. Peace out.
nope, you won't get the last remark on my post. I have no desire to live in a society that is not voluntary, and I'm working to make sure people with ideas like that are no longer in charge.
I will gladly give you the last remark now, after assuring you than communalism in the Bookchinian sense is akin to anarchism, and totally based on voluntary principles,just not on trade. Look it up. Local,direct democracy and post-scarcity is the essence. No communalist wants to stop trade, just make it it irrelevant.
If you read the story, you'll recognize this has NOTHING to do with the Chinese model, as the utilities and services being offered through it, are a state run monopoly, and not "optional"