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Capitalism is killing us
(lemmy.world)
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this post was submitted on 02 Jun 2025
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It's not even that, given how there's a decent chunk of their economy owned by private individuals
As I understand it, the majority shareholder is the cccp in those little capitalist bubbles?
"CCCP" is the "USSR," so no. I think you mean "CCP," which stands for "Chinese Communist Party," although the preferred term is "CPC," or "Communist Party of China," as is the international standard designation for Communist Parties.
Either way, the CPC does have control over the economy, including the private sector, through mechanisms like "the golden share." Even further, key industries like steel, energy, etc are publicly owned and controlled, hence the companies that do exist in the private sector must still rely on the public sector and play by the rules or else they can't actually do business.
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carbonyl cyanide m-chlorophenylhydrazone
Ah, fair enough, there is that too.