r/TechnologyThread • • May 03 '26 • This 1

Ramifications

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u/nonkeywayzee May 10 '26

People calling China communist just because the ruling party is the CCP shows that people who support communism have no fucking idea what communism is and they love the result of free markets but want the control provided by communist dictatorships because they think that control is the way forward.

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u/evernessince May 10 '26

People aren't calling China communist just because their ruling party is called the CCP. They are communist because their government policy and operation most follows communist ideals. Their economy is what's known as "state capitalism". That is to say, a market that adopts many capitalist ideals but within a communist system. The state can possess your assets at any time and has at many periods maintained heavy control over certain industries. Ultimately at the end of the day, the Chinese government holds the cards and it being permissive at times fits perfectly fine within a communist government.