Yes, exactly like the working class in the US controls the government and holds the reins of the economy.
Comment on Why does China have so many multi billionaires if they are aiming to be a communist country?
FlyingCircus@lemmy.world 3 days agoYes, that’s why it’s not communist. But it is socialist, because the working class controls the government and holds the reins of the economy.
boonhet@sopuli.xyz 3 days ago
FlyingCircus@lemmy.world 2 days ago
Except not. Tell me more about how ignorant you are about political economy theory and how China actually functions.
Hueristic_Autistic@lemmy.world 2 days ago
ohhhhhhhhhhh it’s evolved. I’m going off of an old system:
Class structure and earnings
In the last half century, China’s class structure has undergone a major transformation, evolving from a simple system of three socialist strata (cadres, workers, and peasants) in the pre-reform era to a hybrid class system mixing capitalist features with aspects of the previous socialist class system. The Chinese market-oriented reforms and the expansion of the private sector changed property relations and generated a class structure with striking similarities to that of other capitalist societies (Bian Citation2002). Previous research has adopted multiple approaches to understand the class dynamics and earnings in transitional China. Some research on urban China applies Goldthorpe’s neo-Weberian class theory to the Chinese context (Zou Citation2015) while others have adapted Wright’s neo-Marxist class framework to explain class-based earnings inequality (Li, Qin, and Chen Citation2012; Lin and Wu Citation2009). Lin and Wu (Citation2009) compared different class schema and concluded that a modified neo-Marxian class approach (albeit one that incorporated hukou) best captured the evolving class structure in transitional China. They also demonstrated that class has become the major source of earnings disparities among Chinese workers.
Source: www.tandfonline.com/doi/…/21620555.2021.1878019#d…
Hukou: en.wikipedia.org/wiki/Hukou
Hukou is incorporated into almost every Chinese socioeconomic and political system
Doomsider@lemmy.world 2 days ago
The 200 million rural farmers control the country!
No wait, the 400 million service workers control the country!
No wait, it is the 500 million middle class that control the country!
No wait, it is the 130,000 of the wealthy class that controls the country!
No wait, it is the 320 billionaires that control the country!
No wait, it is the 2,878 Congressional members that control the country!
No wait, it is seven leaders who control the country!
No wait, it is Xi who controls the country!
Hueristic_Autistic@lemmy.world 2 days ago
wacky shit, aint it.