Here is a quote from the Wikipedia article you linked:
The planned economy established under Mao Zedong was replaced by the socialist market economy, the current economic system, on the basis that "Practice is the Sole Criterion for the Truth" (i.e. the planned economy was deemed inefficient).
I'm not defending China, or state capitalism. I'm a communalist,not a communist or socialist.And I have talked to plenty of Chinese people. But let's leave it here, I have no interest in a quarrel.
communism
ˈkɒmjʊnɪz(ə)m/Submit
noun
a theory or system of social organization in which all property is owned by the community and each person contributes and receives according to their ability and needs.
synonyms: collectivism, state ownership, socialism, radical socialism; More
Here is a quote from the Wikipedia article you linked:
The planned economy established under Mao Zedong was replaced by the socialist market economy, the current economic system, on the basis that "Practice is the Sole Criterion for the Truth" (i.e. the planned economy was deemed inefficient).
Talk to people who've lived there. It is a state controlled economy, no matter what they say.
I'm not defending China, or state capitalism. I'm a communalist,not a communist or socialist.And I have talked to plenty of Chinese people. But let's leave it here, I have no interest in a quarrel.
Really? Then why keep coming back?
communism
ˈkɒmjʊnɪz(ə)m/Submit
noun
a theory or system of social organization in which all property is owned by the community and each person contributes and receives according to their ability and needs.
synonyms: collectivism, state ownership, socialism, radical socialism; More
Okay, thanks for the comments.