[0]: https://www.marxists.org/archive/lenin/works/1917/ichtci/11....
Private ownership rights for real estate and securities are also much weaker in China, compared to typical Western nations.
> Private ownership rights for real estate and securities are also much weaker in China, compared to typical Western nations.
This may be true, but private property is not non-existent in China. Nor do they think it should be annihilated eventually. Capitalist private property owners like Ma exist, and China knows that they let China compete in the world. So I still find it hard to believe China does not operate within capitalistic market.
US General government total expenditure as Percent of GDP - %35.2 (2016)
China General government total expenditure as Percent of GDP - %31.9 (2016)
Many formerly communist countries, e.g. Vietnam, have unleashed the purest form of capitalism possible, where positive feedback loops make the rich grow richer and the poor grow poorer.
No labor laws, corruption and salary ratios of 1:1000 within one company - it would be a true nightmare for the ideological socialist elite of the early 1900 to see what has become of their dream of equality.
If you had an abusive ex you'd pick the exact opposite for your rebound too.
https://en.wikipedia.org/wiki/Stakhanovite_movement https://en.wikipedia.org/wiki/Soviet_calendar