Why do so many people on Y!A think China is a communist country?
To be communist...
* The government (the "people") should own the means of production. True in China? No.
* The government should manage all labour and its rewards ("from each according to his abilities, to each according to his needs"). True in China? No.
* Market forces should have no impact on management of the economy. True in China? No.
* There should be a concerted move towards collectivism in all fields. In China? Moving away towards a classic capitalist model.
Certainly there are some socialist concepts in their government model, but that is true of many of the private-enterprise, market-driven economies of Europe as well. I know thre are a few strange people who would call them communist too, but they are people who don't own dictionaries - and have zero understanding of economics.
So... why do people keep calling China communist? Don't get it.
@Taylor. Their social policies are certainly statist in many areas. But you have to grant me that you cannot have communism without a communist economic model (from each... to each... is the core of communism). What we are looking at is a *socialist* attitude to social policy. That's not communism, that is socialism, which you can have with any economic model within reason.
@Curtis... Well they do not have a controlling interest in all companies operating in China, they have a stake in many, and in NEARLY all domestic companies. What's more, this is trending downwards. Won't wash, mate, though a good shot.
As for the control of labour and rewards... it is not the government but economic circumstances that are sending folk to the cities - as has been true in every economically powerful country for a long, long time.
State control of the internal economy is shrinking steadily - as it must, with such a robust private sector, and you can see the effects of the market in their recent reverses. As for the government doing well out of exports. Of course. All totalitarian governments manage to extract funds from all aspects of the economy and this one is no different. Again, I don't say they are not totalitarian, they are just not communist.
As for the w