feistymongol
Warlord
- Joined
- Jul 16, 2002
- Messages
- 115
China isn't even socialist in ideal anymore, and it definitely isn't the USSR of the 80s. There are no food queues in China or widely patronized state distribution centers. There's a large amount of free market wheeling and dealing going on. I read an article about how many of the PRC military officers work as merchants during their off time even though they are full time enlisted men. If they did this in the former USSR most likely they would have been sent to a gulag for defying the tenets of communism. In Mao's China they would have been shot. I define modern day China as a state controlled oligarchy, rather than the commonly defined fascist or communist.
The reason I say this is because there is a nominal amount of corporate/private leeway in ownership. The higher up PRC party still controls everything, even though they let it trickle down to the people. Important resources and the majority of the country's wealth is probably possessed within a few powerful party member's hands in China. They can make it or break it overnight but instead they let it run while keeping a watchful eye. I wouldn't doubt that many of the politicians have very deep pockets but not enough to draw attention or break the system down.
The reason I say this is because there is a nominal amount of corporate/private leeway in ownership. The higher up PRC party still controls everything, even though they let it trickle down to the people. Important resources and the majority of the country's wealth is probably possessed within a few powerful party member's hands in China. They can make it or break it overnight but instead they let it run while keeping a watchful eye. I wouldn't doubt that many of the politicians have very deep pockets but not enough to draw attention or break the system down.