-27
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 31 Dec 2024
-27 points (34.1% liked)
Memes
46009 readers
2726 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
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.