> So it's capitalism where all the money goes to the state, which is the government, which is the people... which is exactly what "communism" is. If you think of a "commune" as a "corporation", then it's almost identical.
Not it's not.
It's called state capitalism because the state interferes directly on the market, instead of abolishing corporations and capital. It's a different kind of regime, that allows China to be inserted in a free market world without making the communist party lose control of the country.
Not it's not.
It's called state capitalism because the state interferes directly on the market, instead of abolishing corporations and capital. It's a different kind of regime, that allows China to be inserted in a free market world without making the communist party lose control of the country.