this post was submitted on 23 Jul 2025
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China is Authoritarian Capitalist.
Chinese Capitalism is on one side raw and pure, very cut throat competition, but somehow they managed to contain it so capitalists are not able to have a strong oversized influence on political agenda.
The political elite in China is playing a rather skillful feat to have populist, capitalist and nationalist canceling out each other.
Capitalism is so under control in China that they had to invent the anti-suicide netting for workplaces.
That's true innovation right there.
Wasn't that a Foxconn plant in Taiwan?
Not in Taiwan unless we're counting it as Shenzhen, West Taiwan.
That’s what I mean by saying it’s raw and pure, basically capital are free to squeeze workers; but they are not able to change the political order, eg jack ma had to give up control of his company when he tried to criticize those in power.
Not sure why I got these downvotes. People are upset when hearing some evil is good at being evil?
So Capitalists in China do what they want as long as they don't interfere with the dictatorship
Not what i would call "good regulation of Capitalism"
It reads that way esp with all the tankies on here but I don't think that's what they meant. Just that the leadership is good at not letting capitalism take their authoritarian power via money in spite of otherwise letting it run rampant. Which doesn't help the people at all but is remarkable in a way.
It's still authoritarian though.
Edit: Just like US, Russia, UK, and most EU nations to varying degrees.
You mean no country you name is devoid of all kinds of authority?
That's not what an authoritarian state/rule means.
I know, thats why I said to varying degrees, and most people would argue with the degree, so I just wanted to nip it in the bud.
China and Russia are, from my perspective, the worst of that list. But the US and other Western states are really catching up right now.
Well that's not how it works, there is no EU country that is autocratic, the USA is not autocratic either. We could argue about Turkey, and Russia is a full blown dictatorship.
It's like saying your diesel car is "an electric car to a degree". It's not true even if there is electricity in there.
is sending someone to prison even though the judiciary system said no, autocratic? (You might think Turkey here, and you would be right also, but I'm talking about USA)
That action only does not make the country an autocracy or every country in the world would be an autocracy. I don't know what you mean with "autocratic" instead of autocracy, is that just your feeling about it?