Cowbee [he/they]

Actually, this town has more than enough room for the two of us

He/him or they/them, doesn’t matter too much

Marxist-Leninist ☭

Interested in Marxism-Leninism? Check out my “Read Theory, Darn it!” introductory reading list!

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Joined 1 year ago
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Cake day: December 31st, 2023

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  • The PRC has a Socialist Market Economy. The presence of private ownership in an economy isn’t enough to determine its structure, otherwise the inverse would apply and the US’s publicly owned structures would make it Socialist. Rather, what determines the “label” of an economy is which is primary, public ownership and planning, or markets and profits, and where its heading. Ie, do markets serve the interests of the public sector and are subservient to it, or does the public sector serve the private sector and the pursuit of profits?