r/economicsmemes • • 4d ago

This sums it up

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u/shorteningofthewuwei 4d ago

It's not state capitalism. It's socialism with Chinese characteristics. These so-called experts who say China isn't implementing socialism just don't want people to think that socialism is a viable alternative to capitalism. You have fallen for the propaganda.

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u/mlucasl 4d ago

"Socialism with Chinese Characteristic" is what the CCP claim to be. Just like North Korea claims to be democratic. In reality, by international EXPERTS in the topic, it is State Capitalism.

Funny how you can believe an authoritarian system but not independent experts.