• Cowbee [he/they]@lemmy.ml
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    4 hours ago

    Incorrect. Every single economy I listed has public ownership as the principle aspect of the economy, with the working class in control of the state. The fact that China is developed, and maintains markets for small and medium secondary industries does not mean private ownership is dominant.

    • ms.lane@lemmy.world
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      4 hours ago

      So then USA isn’t capitalist either, since most of the companies are publicly owned as a principle aspect of their economy.

      The US working class are in control of US as much as the Chinese working class are in control of China.