• SCB@lemmy.world
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    1 year ago

    China embraced capitalism because it’s economy was dead in the water. China has not ever been less socialist since the commies first took over.

    Communism is a thought experiment and has no place in the real world.

    • Graylitic@lemm.ee
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      1 year ago

      China has stated intentions of becoming fully Socialist by 2050 and Communist by 2100, according to the CPC. Doesn’t seem dead in the water to me.

      Additionally, that’s just China. In places where Capitalism has been on a steady decline, such as America, Socialism and Communism are gaining in popularity among the masses. Capitalism is unsustainable and leads to massive inequality and inefficient allocation of resources, which leads to crisis.