It’s finally happened. r/communism is formally a Gonzaloite cesspool. This happened after a few months of openly displaying the Shining Path hammer & sickle as the sub’s logo.
It’s finally happened. r/communism is formally a Gonzaloite cesspool. This happened after a few months of openly displaying the Shining Path hammer & sickle as the sub’s logo.
China didn’t start it’s transformation into a modern nation until Deng Xiaoping took power, pivoting away from strict maoism with market reforms. Modern China is far from maoist, the majority of their GDP is from private companies. And for their state owned enterprises most are run as if they were a private company once they have stability and an established market.
And many state owned enterprises started out as publically traded companies, so in those cases the state has no motivation to tamper with production as it would risk the enterprise becoming unprofitable and burdensome.