The Seven Dangerous Western Values (2013)
en.wikipedia.org
en.wikipedia.org
Then I found this line:
> ”According to writer and researcher Yasheng Huang and many others, the economic theory in China is not socialism with Chinese characteristics, but the opposite—capitalism with Chinese characteristics.”
This is an interesting point because it’s hard to imagine China would be in their present economic position without embracing “capitalist tendencies” in conducting trade domestically and internationally. Capitalism and privatization seem counterintuitive to Communist socioeconomic principles, yet have yeilded “good economic times” for many millions of Chinese since the late-1980s.
The successive point is how committed is China to the ideals of Socialism? Will the left hand do one thing while the right hand does another, so to speak? Could socialism and capitalism work together symbiotically? Will socialism and capitalism bring out the problems with each other? Will a new “Chinese system” emerge? I don’t know the answers, but it’s an intriguing thought process with far reaching ramifications in a country as large as China.
Even the "real socialism" as implemented in USSR and whole Eastern Bloc is considered to be actually state capitalism by some.