FairAndUnbiased
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That’s why China is commendable. It has molded the system per its unique needs instead of becoming a communist dogmatic state or the opposite.
It’s neither full communist nor full capitalist. It’s a unique Chinese system:
The state owned and worker owned corporations compete in the market. But the profits do not go to private owners of monopoly capital, they go to the people and employees who own them. It is still "publically owned means of production".
There's a reason why China instills anxiety in certain countries, especially among their owning and ruling classes. The excuse was always "you need billionaires to build companies! Who will be the management value added?" "Who wants to work if not because they need money to survive?"
Huawei and Haier are 2 answers among many.