China is still Marxist-Leninist, by the way. It isn’t Capitalist, it has a Socialist Market Economy. Gradually, it is increasing the strength of the Public Sector and folding the Private under its control as well. Deng didn’t “introduce Capitalism,” if you want to actually learn how the economy works in China here is a good introduction to Socialism with Chinese Characteristics. The economy is run on a Marxist understanding of economics, if you’re praising it you’re praising Marxism.
China is still Marxist-Leninist, by the way. It isn’t Capitalist, it has a Socialist Market Economy. Gradually, it is increasing the strength of the Public Sector and folding the Private under its control as well. Deng didn’t “introduce Capitalism,” if you want to actually learn how the economy works in China here is a good introduction to Socialism with Chinese Characteristics. The economy is run on a Marxist understanding of economics, if you’re praising it you’re praising Marxism.