For example, the guy in the vid thinks china is state capitalism

  • jucheguevara@lemmygrad.ml
    link
    fedilink
    arrow-up
    0
    ·
    3 years ago

    land is a primary factor of production. the producers basically rent from the state which owns all land. And even still, who owns and controls key sectors of the economy? who controls the towering heights? is it the capitalist class? or the Party? lol

    • krolden@lemmy.ml
      link
      fedilink
      arrow-up
      0
      ·
      3 years ago

      What’s the difference between the capitalist/owning class and the state at that point?

      • ghost_laptop@lemmy.ml
        link
        fedilink
        arrow-up
        0
        arrow-down
        1
        ·
        edit-2
        3 years ago

        The state in the form of the Communist Party of China represents the proletariat and acts in their favour, the bourgeoisie acts in their own favour and against the lower classes.