Socialism has existed on a large scale for over a century. The USSR was the first, and now we have countries like Cuba, Vietnam, the PRC, etc, all economies where public ownership is the principle aspect of society. I’m not arguing from an “ideal,” I’m speaking purely about existing material reality. Using the PRC as an example, the large firms and key industries are overwhelmingly publicly owned:
The PRC did introduce Reform and Opening Up after struggles within the Cultural Revolution and the Gang of Four. These reforms didn’t change that public ownership is still the principle aspect of the economy, though. Private and cooperative ownership existed even under Mao, and economic growth was positive under Mao, just unstable, which the market reforms and introduction of special economic zones helped make stable and regular:
Pre-Reform and Opening Up
Post-Reform and Opening Up
You didn’t bring any facts to the table or any analysis, you just said “no” then insulted me. It"s insulting and utterly insufficient for proving your claims.
Socialism has existed on a large scale for over a century. The USSR was the first, and now we have countries like Cuba, Vietnam, the PRC, etc, all economies where public ownership is the principle aspect of society. I’m not arguing from an “ideal,” I’m speaking purely about existing material reality. Using the PRC as an example, the large firms and key industries are overwhelmingly publicly owned:
The PRC did introduce Reform and Opening Up after struggles within the Cultural Revolution and the Gang of Four. These reforms didn’t change that public ownership is still the principle aspect of the economy, though. Private and cooperative ownership existed even under Mao, and economic growth was positive under Mao, just unstable, which the market reforms and introduction of special economic zones helped make stable and regular:
You didn’t bring any facts to the table or any analysis, you just said “no” then insulted me. It"s insulting and utterly insufficient for proving your claims.