this post was submitted on 28 Aug 2024
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[–] [email protected] 0 points 2 months ago (1 children)

If communism worked, there would nation using it. There's none.

Mix of capitalism and communism is best. Go too far in any direction and you're fucked.

[–] [email protected] -2 points 2 months ago (1 children)

If communism worked, there would nation using it. There's none.

There are many States currently existing with the overall ideology of Communism, or Marxism, as their base, such as the PRC, Cuba, Vietnam, Laos, and DPRK.

Mix of capitalism and communism is best. Go too far in any direction and you're fucked.

How on Earth do you have a mix of Communism and Capitalism? Are you talking avout Dengism, where the Communist Party and State structure oversee a Market economy with heavy central planning, but allow foreign Capital and investment to speed up industrialization?

[–] [email protected] 0 points 2 months ago (1 children)

PRC

How on Earth do you have a mix of Communism and Capitalism

Arguably, the PRC is juggling both. I don't claim to be an expert, but there are certain capitalist undercurrents going on in the private sector along with some level of CCP tension.

[–] [email protected] -1 points 2 months ago

You might want to read China Has Billionaires if you have an hour. The PRC's Socialism with Chinese Characteristics would be closer to Communist directed Capitalism, but they have large amounts of central planning. They are overall Socialist.