And not because of socialist planning, rather due to revisionism and professionalization of the party. China wasn’t really helping either since it considered the USSR a greather threat to itself and socialism than the USA
this discussion is about China.
It’s about their socioeconomic policy, and their switch away from socialist planning to market economy under the pretext that the latter is a necessary step of development. The USSR debunks this.
China is not revisionist
China has a market economy with wage labour and private ownership of the means of production which contributes to 70% of it’s GDP. They also allowed bourgeois into the party since 2002, not to mention their monopolies export capital abroad. Pretty revisionist, surely more than whatever Khrushchev did.
@ghost_of_faso2
And not because of socialist planning, rather due to revisionism and professionalization of the party. China wasn’t really helping either since it considered the USSR a greather threat to itself and socialism than the USA
It’s about their socioeconomic policy, and their switch away from socialist planning to market economy under the pretext that the latter is a necessary step of development. The USSR debunks this.
China has a market economy with wage labour and private ownership of the means of production which contributes to 70% of it’s GDP. They also allowed bourgeois into the party since 2002, not to mention their monopolies export capital abroad. Pretty revisionist, surely more than whatever Khrushchev did.
https://sci-hub.hkvisa.net/10.1016/j.chieco.2020.101431