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China

Two views on China: Esteban Mercatante argues that China is capitalist while Richard Smith says it is not. The Contours of Capitalism in China Why China isn’t Capitalist

China

"In China today, what is now referred to as 'socialism with Chinese characteristics' looks a lot like plain old capitalism, in which the vast majority of people in the society work, and their labor is exploited by a tiny minority who own. Xi Jinping earned a PhD in Marxist ideology, and can therefore  speak loquaciously  commemorating Marx’s two hundredth birthday, but still say nothing of substance in regards to how China is actually run. The Western media still treats the country like the old bogeyman of Communist dictatorships, but the opposite is true: the country is a capitalist dictatorship. China reports lifting 750 million people out of poverty, and there is no denying that living standards have increased significantly since 1949. Despite this, inequality is massive..." Indeed. How odd the word socialism is in "socialism with Chinese characteristics"! The Chinese Revolution at Seventy
An interesting part in this analysis is "democracy", especially the one that should make you question the constant drumming in the mainstream (Western media) that the Tiananmen Square movement was about "democracy" as the Western liberals define it, inflating the role of students in the movement, and devoiding it from any class content.  A part which sounds weak for me is the first one about the scope of workers' control, as the writer has not backed his argument by evidence. The part on the historical process from the 1960s until 1989 is illuminating. The last part, post-1989, also sounds weak, for it does not take into consideration the industrial revolution China has embarked on since 1978 and its ongoing "tormented birth" in the passage to "modernity". ***** Students constantly tried to exclude workers, seeing the movement as “their own,” and sought to maintain its “purity.” Walder and Gong pointed out that until the end of May...