• yucandu@lemmy.world
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    5 hours ago

    I didn’t realize banks, financial trade, and currency were also classically Marxist.

    What do the PRC do that is socialist? I’m honestly asking because I haven’t seen them do anything socialist.

    • Cowbee [he/they]@lemmy.ml
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      5 hours ago

      Click the link, I already answered. Large firms and key industries are in the public sector, public ownership is the principle aspect of China’s economy. It is employing a Marxist strategy of building towards full socialization and abolition of the value form.