this post was submitted on 22 Oct 2025
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Ok let's assume that the Chinese state is owning the means of productions and is engaging in capitalist practises through state owned or controlled enterprises. Then it would not be fair to call it state capitalist, but state socialist. As capitalism implies that the communist nomenclature is keeping all the surplus value/wealth for themselves, which is not true.
State capitalist does not imply such a thing. State capitalism is whem the state does capitalism ehich it is perfectly possible to do in a way where it is attenpting to forward a communist aim. This was the case in the ussr.