There has been a heating discussion last night, and some of my classmates thought China is capitalistic, another thought China is essentially communist...

The capitalistist thought market economy was the main reason that China is capitalistic, on the contrary, others were not agree with them...

I think capitalistic and communism were combined by China. What's your opinion?

I think by definition Capitalism and Communism cannot be combined. That would result in either a paradox, or a little give on both sides resulting in socialism. The true idea of Capitalism has be trod upon beyond recognition. The height of Capitalism in America was in the early eighteen hundreds, whee it was abused and then controlled. Now, even the USA is Socialist by definition.

Personally, on China, I think that many parts of the country are still under Communist reign. They practice many of the same economics that remains essentially unchanged since the rise of Communism. This is especially true in the lesser developed regions of China. However you will see in many of the cities that Capitalism is the general practice, if not then the goal. I would use Hong Kong as an example, however they're not part of China technically speaking.

Further more, you won't see the underdeveloped parts of China changing anytime soon, as there current work structure points to a very niche type society. This doesn't mean that China is governed by either; but rather it's the type of laws sectioned out throughout the country that favor one over the other. China is so diverse you may find common practice in one region taboo in others. Its more like a bunch of smaller countries coexisting within a general union.

My reply to this question can be found here . Reply # 37
https://www.askmehelpdesk.com/curren...-418611-4.html

The "Communist Party";a repressive totalitarian regime still run China ;and their model has always been more national socialists than international socialists . The difference of course has always been semantical since there is in fact little difference between international socialism and national socialism.
The Chinese system is NOT Capitalist. Capitalist systems are not dominated by state run or pseudo-state run institutions. There is no free enterprise there .

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Originally Posted by tomder55

My reply to this question can be found here . reply # 37
https://www.askmehelpdesk.com/curren...-418611-4.html

The "Communist Party";a repressive totalitarian regime still run China ;and their model has always been more national socialists than international socialists . The difference of course has always been semantical since there is in fact little difference between international socialism and national socialism.
The Chinese system is NOT Capitalist. Capitalist systems are not dominated by state run or pseudo-state run institutions. There is no free enterprise there .

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Hi,tomder55.

I think there're many free enterprises in China except some State-Owned Enterprises. China had its market economy, and it didn't planned it's economy all the time except some special time, such as during economic crisis.

And, USA has planned it's economy it the latest economic crisis.Therefore, I think the difference between Capitalist and socialism decreased...

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Originally Posted by InfoJunkie4Life

I think by definition Capitalism and Communism cannot be combined. That would result in either a paradox, or a little give on both sides resulting in socialism. The true idea of Capitalism has be trod upon beyond recognition. The height of Capitalism in America was in the early eighteen hundreds, whee it was abused and then controlled. Now, even the USA is Socialist by definition.

Personally, on China, I think that many parts of the country are still under Communist reign. They practice many of the same economics that remains essentially unchanged since the rise of Communism. This is especially true in the lesser developed regions of China. However you will see in many of the cities that Capitalism is the general practice, if not then the goal. I would use Hong Kong as an example, however they're not part of China technically speaking.

Further more, you won't see the underdeveloped parts of China changing anytime soon, as there current work structure points to a very niche type society. This doesn't mean that China is governed by either; but rather its the type of laws sectioned out throughout the country that favor one over the other. China is so diverse you may find common practice in one region taboo in others. Its more like a bunch of smaller countries coexisting within a general union.

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Hi,InfoJunkie4Life.
To some extent, do you agree the difference between Communism and Capitalism decreased?

Significantly, as an overall standard.

I think economic does need to plan in some special time, or it's hard for us to deal with economic crisis.

On the other hand, as economic become globalized, I think capitalism and socialism will be combined at last...

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Originally Posted by tomder55

The Chinese system is NOT Capitalist. Capitalist systems are not dominated by state run or pseudo-state run institutions. There is no free enterprise there .

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Hello tom:

If what you say is so, then apparently communism works pretty well. I mean, the Chinese ARE becoming a world power economically, while our power is in decline.

Personally, I'm not ready to signal the death knell of capitalism quite yet like you did. The Chinese people ARE capitalists. The have a LONG history of it, and it doesn't go away - just like yours ain't going away...

I don't know the details - that's YOUR job. But the Chinese economic planners, have for a long time, opened up smaller markets to Chinese entrepreneurs. Not surprisingly it's worked quite successfully for them.

I believe THAT is what the young man is referring to.

Will they ever become pure capitalist? No. Will we? No.

excon

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Originally Posted by shihouzhuge

There has been a heating discussion last night, and some of my classmates thought China is capitalistic, another thought China is essentially communist...

The capitalists thought market economy was the main reason that China is capitalistic, on the contrary, others were not agree with them...

I think capitalistic and communism were combined by China. What's your opinion?

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I think you need to understand that capitalism is an economic system and communism is a political philosophy. The two can co-exist. China is no longer 100% communist in its thinking, just as certain non-communist countries are not completely capitalist, they are what is described as socialist in orientation. China is becoming socialist but it will required some radical political changes before it could be considered a socialist country

You can look to China being capitalist as distinct from capitalistic when the Chinese government begins to privatise the state owned industries and move away from political control of the means of production of essential materials

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Originally Posted by excon

Hello tom:

If what you say is so, then apparently communism works pretty well. I mean, the Chinese ARE becoming a world power economically, while our power is in decline.

Personally, I'm not ready to signal the death knell of capitalism quite yet like you did. The Chinese people ARE capitalists. The have a LONG history of it, and it doesn't go away - just like yours ain't going away...

I don't know the details - that's YOUR job. But the Chinese economic planners, have for a long time, opened up smaller markets to Chinese entrepreneurs. Not surprisingly it's worked quite successfully for them.

Will they ever become pure capitalist? No. Will we? No.

excon

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Ex you have a strange idea of something working well. The Chinese economy works well because there is an endless supply of people who will work for low wages, it works about as well as the Confederate economy worked before the outbreak of the US Civil War and for the same reason.

China may one day revert to democracy and on that day it will already have a capitalist economy in place. The real question in China is the military who are players in the economy

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Originally Posted by paraclete

The Chinese economy works well because there is an endless supply of people who will work for low wages,

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Hello clete:

It's not low to them.. As a matter of fact, it's a LOT of money. What you describe above, is the foundation for an economic boom, and the Chinese are riding the wave.

You don't notice it?

excon

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Originally Posted by excon

Hello clete:

It's not low to them.. As a matter of fact, it's a LOT of money. What you describe above, is the foundation for an economic boom, and the Chinese are riding the wave.

You don't notice it?

excon

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Hey, ex, I've been there, about 10% are riding that economic boom you think is so great, and, yes, the wages are still low and the hours long, I expect you wouldn't do it. I wonder how many houses have been bulldozed to fuel the boom. A Chinese worker works a lot longer to buy a pair of shoes than you do, particularly if the shoes are Chinese made.

Before you start claiming success you should think, what will it take to raise the standard of living of all Chinese to the same as people in the US. It is only a lot of money because the average person has very little money. The average person in China Ex is a rural worker

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Originally Posted by paraclete

hey, ex, I've been there, about 10% are riding that economic boom you think is so great,

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Hello again, clete:

I don't think it's so great. Where did you get that? But, it IS happening.

What will the Chinese have to do to reach our quality of life? Spend 20 years doing what they're doing.

excon

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Originally Posted by shihouzhuge

Hi,tomder55.

I think there're many free enterprises in China except some State-Owned Enterprises. China had its market economy, and it didn't planned it's economy all the time except some special time, such as during economic crisis.

And, USA has planned it's economy it the latest economic crisis.Therefore, I think the difference between Capitalist and socialism decreased...

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I think the differences are smaller because, from what I have observed the Chinese, in general, are very hard workers and your culture values education. In the past 2-3 generations a lot of Americans have felt entitled to government handouts, don't want to work hard, and value entertainment more than education.


G&P

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Originally Posted by paraclete

The real question in China is the military who are players in the economy

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Hi,paraclete.

I don't think so. Military couldn't control it's economy, or they're all unbeatable men!

Of course, Chinese economy are always market economy more than it's planning, because it's out of their reach to control it's economy.

On the other hand, I don't think there're not low wages workers in USAor other developed countries. Compared to other developing countries which is capitalist, the avarage wages in Chinese workers was more.

Thanks!

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Originally Posted by shihouzhuge

Hi,paraclete.

I don't think so. Military couldn't control it's economy, or they're all unbeatable men!

Of course, Chinese economy are always market economy more than it's planning, because it's out of their reach to control it's economy.

On the other hand, I don't think there're not low wages workers in USAor other developed countries. Compared to other developing countries which is capitalist, the avarage wages in Chinese workers was more.

Thanks!

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Hey there are exploiters everywhere, I don't doubt some Chinese workers have done well in comparison with others

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Originally Posted by inthebox

I think the differences are smaller because, from what I have observed the Chinese, in general, are very hard workers and your culture values education. In the past 2-3 generations alot of Americans have felt entitled to government handouts, don't want to work hard, and value entertainment more than education.


G&P

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Hi, inthebox!

I've been told that students in the school of computer science in MIT was working hard for their study by my elder student. He told me that he work harder than he was in China. To some extent, I think American students might work harder than Chinese students.:)

Thanks!

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Originally Posted by paraclete

hey there are exploiters everywhere, I don't doubt some Chinese workers have done well in comparison with others

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I agree with you when you say "there are exploiters everywhere", of course, either in capitalistic countries or socialist countries the exploiters are everywhere, but they are not military.

Thanks!

I hear there is no heating south of the Yangtze, is that right? So what is this heating problem?

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Originally Posted by paraclete

I hear there is no heating south of the Yangtze, is that right? so what is this heating problem?

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Hi again, paraclete. I'm sorry that I couldn't express my thought, and English is my second language. I mean, "There has been..." means my classmates have discussed the question in some enthusiastic ways. I really don't know how to tranlate that... I hope we could stop here, because I am agree with your opinions to some extent.

Thanks!