this post was submitted on 26 Sep 2023
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Socialism

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What's your favorite hilariously dumb capitalist apologist deflection? (lemmy.world)
submitted 1 year ago by AllonzeeLV@lemmy.world to c/socialism@lemmy.ml
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[โ€“] michaelrose@lemmy.ml 1 points 1 year ago (1 children)

China is a market economy with strong central controls it mixes market and planning as I have suggested.

[โ€“] yogthos@lemmy.ml -2 points 1 year ago

China is very much a planned economy where the party comes up with 5, 10, and 25 year plans that are then executed. Markets are strictly subordinate to central planning.