• ms.lane@lemmy.world
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    2 days ago

    ‘socialist countries’ is a misnomer only used by Americans - Europe, UK, Aus, NZ - we’re Mixed Market economies.

    Capitalism is still the driver of the economy, but we collectively realised that humans must come first. I should probably have said this is what I mean by capitalism, not US style corporatism.

    • Cowbee [he/they]@lemmy.ml
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      2 days ago

      I’m not talking about those imperialist countries, but Cuba, the PRC, DPRK, Vietnam, Laos, former USSR, Nicaragua, Venezuela, etc. I don’t lionize the countries you assumed I do that fund their safety nets through imperialism. Both the US Empire and all of the countries you listed are indeed capitalist.

      • ms.lane@lemmy.world
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        2 days ago

        Bar Cuba every country you mentioned is Capitalist…

        China is speedrunning late-state capitalism as we speak…

        • Cowbee [he/they]@lemmy.ml
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          2 days ago

          Incorrect. Every single economy I listed has public ownership as the principle aspect of the economy, with the working class in control of the state. The fact that China is developed, and maintains markets for small and medium secondary industries does not mean private ownership is dominant.

          • ms.lane@lemmy.world
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            2 days ago

            So then USA isn’t capitalist either, since most of the companies are publicly owned as a principle aspect of their economy.

            The US working class are in control of US as much as the Chinese working class are in control of China.

            • Cowbee [he/they]@lemmy.ml
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              2 days ago

              Incorrect, I don’t mean “publicly traded” as publicly owned, but actual public ownership, like state-run healthcare. Private ownership is the principle aspect of the US economy. As for working class control, you’re incorrect again: