My understanding of it is a system of ownership and direction of enterprizes, where the state participates as a capitalist and as managenent, either wholely or in concert with private ownership.
edit to add: Lennin was certainly against any private participation in capitalism, but the soviet party did loosen that with parastroika, and the Chinese Communist party started with, I believe, Deng Xiaping Thought, tho I would have to double chetk that it didn’t start earlier
Thanks, that did help deepen my understanding. Its good to see that the current thought remains commited to socialism and recognizes the miss-steps of the past, and is continuing to iterate towards a more equitable future.
Perhaps one day they will achieve it. I certainly hope they do. As of yet, the state capitalism approach to building socialism has had a number of mistakes and limited success, such that I still remain skeptical of it.
listen to season 2 of Blowback on Cuba. American policy radicalized the revolution and forced them from a more reformist stance, into ML orthodoxy, and they’ve achieved a tremendous amount while under seige from the US.
My understanding of it is a system of ownership and direction of enterprizes, where the state participates as a capitalist and as managenent, either wholely or in concert with private ownership.
You know, like Lennin meant
edit to add: Lennin was certainly against any private participation in capitalism, but the soviet party did loosen that with parastroika, and the Chinese Communist party started with, I believe, Deng Xiaping Thought, tho I would have to double chetk that it didn’t start earlier
Worth a read, this is from Vijay Prashad’s organisation: https://thetricontinental.org/wenhua-zongheng-2023-2-socialism-3-in-china/
Thanks, that did help deepen my understanding. Its good to see that the current thought remains commited to socialism and recognizes the miss-steps of the past, and is continuing to iterate towards a more equitable future.
Perhaps one day they will achieve it. I certainly hope they do. As of yet, the state capitalism approach to building socialism has had a number of mistakes and limited success, such that I still remain skeptical of it.
listen to season 2 of Blowback on Cuba. American policy radicalized the revolution and forced them from a more reformist stance, into ML orthodoxy, and they’ve achieved a tremendous amount while under seige from the US.