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this post was submitted on 31 Dec 2024
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I doubt you actually read the data I linked in that short of a time period, moreover I don't know why you want to compare Public to Private with respect to Value.
I skimmed it and didn't see a private vs public means of production graph over time. It looked more like just a list of articles that agree with you than data.
If you want to compare just the number of means of production controlled by private vs public, that's fine, but it'd be much more easily skewed by small industries. So weighting by value would help get an overall picture. But just by number is fine.
The way in which the PRC handles Public vs Private property is along the basis of "don't" privatize xyz sectors as a fundamental, such as banks, energy, the steel industry, etc. The growth of the Privtate Sector does not imply a shrinking Public Sector or a shift towards privatization, but that the Private Sector has succeeded in high growth, as is its purpose in these underdeveloped industries.
Further, here's a work on the control of the economy and its trends over time (paywalled, unfortunately). Here's a non-paywalled scholarly article on the growth of State control over the Private Sector.
Thanks for the article, looks like it's arguing SOEs are growing, which makes sense. They usually grow. Looks like it's difficult to determine if SOEs are growing at the same rate as non SOEs though.
Depending on how you count things, SOEs are either failing behind or catching up.
https://onlinelibrary.wiley.com/doi/full/10.1111/1756-2171.12395
But it looks like there are fewer and fewer SOEs over time.
https://www.nber.org/digest/jun15/chinas-state-sector-transformed-not-so-privatized
I think you need to read the article more:
The CPC's strategy since Deng has been to invite investors to help industrialize at a rapid pace, while maintaining state supremacy and guidance.
All the metrics I've found have indicated China is moving towards capitalism/private ownership and away from socialism/public ownership. If you can find data/a graph that shows otherwise, we can continue the conversation.
I'm telling you that seeing the overall system as a balancing act between Capitalism and Socialism is wrong. Socialism and Capitalism are terms for the broader system, not individual elements within it. Conflating public ownership with Socialism itself and Private Ownership with Capitalism itself is an anti-Marxist view of Capitalism and Socialism as systems. I already linked 2 scholarly articles showcasing the trends towards constraining the Private Sector and expanding government control over it.
If you are going to hinge continuing this conversation on whether I play by your mistaken conceptions of Socialism, then I fear this isn't going to be productive anyways, regardless of what I provide.