Russia and South Korea are Capitalist, extremely so. Did you think the USSR never dissolved and did you mean to say North Korea?
The PRC is a Socialist Market Economy. The model is described as a birdcage, the CPC allows markets to naturally develop but only along their guidelines, and increases ownership as competition creates these new monopolist syndicates. Socialism Developed China, Not Capitalism is a good article going over China’s economic model. The CPC has the power it has as a Dictatorship of the Proletariat, it needs that power to maintain supremacy over their bourgeoisie. Communism is achieved by degree, not decree.
The “no true Communism/Socialism” bit is from “left” anticommunists, generally, who haven’t read theory. As for Imperialism, the PRC and Russia don’t meet Lenin’s definition of Imperialism, hence why I linked the book in the first place.
Russia and South Korea are Capitalist, extremely so. Did you think the USSR never dissolved and did you mean to say North Korea?
The PRC is a Socialist Market Economy. The model is described as a birdcage, the CPC allows markets to naturally develop but only along their guidelines, and increases ownership as competition creates these new monopolist syndicates. Socialism Developed China, Not Capitalism is a good article going over China’s economic model. The CPC has the power it has as a Dictatorship of the Proletariat, it needs that power to maintain supremacy over their bourgeoisie. Communism is achieved by degree, not decree.
The “no true Communism/Socialism” bit is from “left” anticommunists, generally, who haven’t read theory. As for Imperialism, the PRC and Russia don’t meet Lenin’s definition of Imperialism, hence why I linked the book in the first place.