Marxism with Chinese Characters. The market economy is the economy of... Xiaoming Guo

Xiaoming Guo Just now · 12 min read Marxism with Chinese Characters The market economy is the economy of capital operations with private ownership. As a result, whe n China adopts the market economy, it is a kind of capitalism. Yet we cannot say that China is not towards communism. China is still towards communism. As Marx concluded, communism comes only after capitalism. China has still many rural populations and has a long distance to a fully developed capitalism that is needed for the realization of communism. China is a developing country. Its GDP per capita is far behind the…