this post was submitted on 06 Jan 2025
36 points (100.0% liked)
Ask Lemmygrad
871 readers
127 users here now
A place to ask questions of Lemmygrad's best and brightest
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Socialism is the process of building communism. Its a dangerous path fraught with dangers on all sides. Deng made market reforms to preserve the forward momentum of the socialist project in China. Had he not made some market reforms it is more than likely that China would not survived as a socialist state at all.
Deng did not accept capitalist structures into the country. At the end of the day no matter how rich individual billionaires might be the Party still controls the central bank and the means of production. They are still subject to the will of the people.