this post was submitted on 17 Jan 2024
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[โ€“] UrbonMaximus@feddit.uk -3 points 2 years ago (12 children)

Isn't China the biggest capitalist country in the world?

[โ€“] knfrmity@lemmygrad.ml 4 points 2 years ago (11 children)

No, China is socialist.

The USA or India are by economy and population respectively the largest capitalist nations.

[โ€“] UrbonMaximus@feddit.uk -4 points 2 years ago* (last edited 2 years ago) (10 children)

I'm confused.. Do you know what the terms that you use even mean?

To get a baseline here.. Do you think France is socialist or capitalist?

China has been mixed market economy for decades. You were talking about private property ownership. Are you not aware that China has one of the highest home ownership numbers in the world?

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