this post was submitted on 18 Oct 2023
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State literally calls itself communist. (Operates more like a fascist state than a communist one)
Conducts ever more of its industry through the state and strictly controls the banks and loans.
Exercises huge subsidies across the entire economy which is visible through their massive and growing imbalance between their internal consumption and export.
"You only say it's not capitalist because they aren't white"
No I say they aren't capitalist because they aren't capitalist.
China is closer to neo-mercantilism due to the level if direct state involvement in private business.
And what do you call an authoritarian ethnic state that has co opted capital to ensure and spread state control over public and private life?
Authoritarian, which you already mentioned.