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this post was submitted on 26 Jun 2024
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Yeah.. That's because they are. it is required that every Chinese Company has to be owned by "tHe PeOpLe" (CCP)
Gotta disguise being a capitalist country somehow.
Capitalism is when the public owns the things. And Communism is when a handful of private individuals owns the things.
No... Capitalism is when a handful of individuals own the means of production and have full authority on how they are used.
Communism is more akin to when the workers decide what to do with the means of production they operate.
You got this literally backwards.