Oh I’m well-aware of how imperialism functions today, because I study it. That’s how I know that China isn’t economically colonizing other states.
Public ownership exists under capitalism, yes, but in capitalism private ownership is the principle aspect. The principle aspect of the economy determines the mode of production, ie controls at a minimum the large firms and key industries with a given class in charge of the state. In the US, private ownership is principle while in the PRC public ownership is principle. Capitalism and socialism aren’t determined by their purity.
I’m not jumping through any hoops, nor do I only listen to politicians, I study the systems and listen to researchers, academics, and working class organizations more than anything.
Oh I’m well-aware of how imperialism functions today, because I study it. That’s how I know that China isn’t economically colonizing other states.
Public ownership exists under capitalism, yes, but in capitalism private ownership is the principle aspect. The principle aspect of the economy determines the mode of production, ie controls at a minimum the large firms and key industries with a given class in charge of the state. In the US, private ownership is principle while in the PRC public ownership is principle. Capitalism and socialism aren’t determined by their purity.
I’m not jumping through any hoops, nor do I only listen to politicians, I study the systems and listen to researchers, academics, and working class organizations more than anything.