/sci/ - Science & Math

>>12794085
>My guy, what do you mean? There has only been more regulation since they open the market up to foreign enterprise.
Patently false.

https://ideas.repec.org/p/uct/uconnp/2020-01.html

In fact they had to deregulate further to fullfill WTO rules and membership.

>You do know there is more than one way to structure socialism and communism right?
No, socialist economy means command economy. The fact that there are market liberal parties in the West still calling themselves socialist despite no longer advocating a socialist command economy does not change the meaning of the term pertaining economics.

China is a market economy.
There is a market system of goods and services where supply and demand determines prices. Most of the economy is in private hands. Most of the capital is in private hands. The public sector represents less than 15% of the Chinese economy. (Pic) These are the hallmarks of capitalism.

You may argue whether China practices free market capitalism or a more mixed, dirigiste economy, (IMHO it's the latter) but it's capitalism regardless and only someone completely clueless of economics would argue otherwise.

>I think china subsidized Healthcare, so the cost isn't as high as you imagine. They 'reduce' payment by 50% for low income.
So the fact is that there is no free healthcare in China which is a basic socialist tenet.

>As for union, you do know the party and people are on one side, they don't need the union. The party is the union. Union only existed in the west because capitalist scammed everyone labor.
Wow this is some Orwellian shit.
You are the kind of idiot that would embrace fascism if someone sold it to you with a socialist labeling.

No, free associations and the right to form unions are basic Human rights and serve a social function by protecting the rights of labor from abuses.