China's ruling Communist Party is demanding a show of greater loyalty from the sprawling private sector as the world's second-largest economy grapples with growing external risks, from open U.S. hostility to the coronavirus pandemic.
I definitely don’t want to call that socialism, because it’s
the opposite. Also not nationalization, which is a straightforward concept that doesn’t apply here.
I’m not going to celebrate the CPC’s selling out workers and defending capitalist relations to the point where the CPC is now itself captured.
I definitely don’t want to call that socialism, because it’s
the opposite. Also not nationalization, which is a straightforward concept that doesn’t apply here.
I’m not going to celebrate the CPC’s selling out workers and defending capitalist relations to the point where the CPC is now itself captured.