this post was submitted on 16 Jul 2023
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[–] [email protected] 4 points 1 year ago (1 children)

Well if you think 'because they say so' is reason enough there's not really any further to go here I don't think. I was hoping you'd have a more interesting answer about how the economy is structured or how resources are distributed. It looks more like an authoritarian flavour of capitalism to me but I'm no politics expert so I only have a layman's view, more than happy to be corrected.

[–] [email protected] -2 points 1 year ago* (last edited 1 year ago) (1 children)

Dude, the reason you think they're capitalist is because someone on Lemmy said so, I'm not going to put effort into correcting something that didn't have evidence behind it to begin with. I'm not going to sit here and try to prove a negative to correct your layman's view, that's not how conversation works.

[–] [email protected] 2 points 1 year ago (1 children)

They have private companies and a market economy, how is that a communist economy exactly ?

If your only argument for saying they're communist is because they said so, then you must also believe that north korea is a democracy right ?

[–] [email protected] 0 points 1 year ago

You’re correct. China, I believe I heard, also has more billionaires per capita than the US. Don’t quote me on that, I’m not entirely sure.