Peak Warming Man said:

party_pants said:

Cymek said:

Out of interest do you think of China as the bad guys and us in the West the goodies.
Sure China is some form of communism which is anathema to capitalism
Capitalism the way the yanks practice it is nasty, exploitative to everyone except the top few percent.
We ruled by might as always is the case and now our crumbling corrupt greedy empires are collapsing.
History tells us this always happen.

I don’t see China as a communist country anymore, in the sense of how they operate their economy. They operate as a mixed economy with both state owned and privately owned companies. They are way more interventionist in terms of industry policy in terms of offering subsidies and cheap loans and other support to industries or sectors they expect to be the next big thing. Not free market but way short of communism.

I don’t think there are any truly communist governments left in the world, that argument has been fought and won by western democracies.

market-dominant economies.