Genuine question so please don’t hate on me. It seems to me that china now is more of a mixed market than a planned economy. Billionaires and class disparities definitely still exist in China and it seems like american communists almost romanticize china while ignoring obvious flaws in its system, only because they (rightfully) hate america and america hates China. China also supplies all of the world’s exploitative corporations with the vast majority of their goods. While China is probably better than the capitalist economies of the west, I don’t understand why a lot of people seem to hold it in the same regard as the USSR.
That doesn't refute the claim that, since China has increasing wealth disparity, they aren't on the path to communism. Killing billionaires could well be simply a means for keeping the capitalist class in line. I think it's entirely possible that the Chinese project at this point is more an attempt to simply remain in control of its capitalists and continue to use capital in a way that best benefits the interest of China as a state in the grand game of geopolitics. To remain riding the beast, so to speak, but without necessarily working towards a realized communism.
We could discuss how likely this is or whether it's a worthy project in itself - and whether it's possible to indefinitely retain control of capital in this sense - but it doesn't necessarily follow that executing billionaires means a state is communist in its aims.
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