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Political mindset evolution (lemmy.ml)

submitted 2 months ago by [email protected] to c/[email protected]

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[–] [email protected] 2 points 2 months ago (2 children)

Run by communists with a majority public sector and control of private enterprise? Hmm. Doesn't sound correct.

[–] [email protected] 1 points 2 months ago (1 children)

TFW Tencent isn't considered capitalist

[–] [email protected] 4 points 2 months ago* (last edited 2 months ago)

Tencent existing as a private enterprise is compatible with the statement you are responding to.

[–] [email protected] 0 points 2 months ago (1 children)

It's state capitalism with a veneer of communism.

[–] [email protected] 2 points 2 months ago (1 children)

All capitalism requires a state, the fact that you call an alternate system "state capitalism" just goes to show that you need to do more research on what capitalism is.

[–] [email protected] 1 points 2 months ago (1 children)

According to DuckDuckGo

State Capitalism: An economic system that is primarily capitalistic but there is some degree of government ownership of the means of production.

Basically capitalism managed and owned by the state. This is not communism, nor even socialism. China is communist in name only.

[–] [email protected] 1 points 2 months ago

Oh my god I didn't consider what the brilliant minds of a duck duck go- wait you didn't even cite where the definition is from?

Lol