this post was submitted on 21 Jul 2024
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It's state capitalism with a veneer of communism.
All capitalism requires a state, the fact that you call an alternate system "state capitalism" just goes to show that you need to do more research on what capitalism is.
According to DuckDuckGo
Basically capitalism managed and owned by the state. This is not communism, nor even socialism. China is communist in name only.
Oh my god I didn't consider what the brilliant minds of a duck duck go- wait you didn't even cite where the definition is from?
Lol