This is always such a useless and thought-terminating cliche: While it looks (and arguably is) horrible that the Communist Party of China has or is affiliated with billionaires, the truth is that billionaires (at least not ones connected to state-owned enterprises) have almost no political power in the government as a whole.
Billionaires and the rich are tolerated for different reasons, but ultimate power rests with the CPC, which control the commanding heights of the economy, and almost always direct it in a pro-working class way.
Even Lenin argued that socialism is basically a more advanced version of state capitalism, except with the proceeds going towards average working people and society as a whole.
Comparing modern China to the USSR is almost apples to oranges. The USSR had very little time to build socialism, and had to brute force it.
According to Marx’s original writings, he strongly argued AGAINST this. He argued that it would be best for a socialist society to slowly and steadily nationalize/collectivize workplaces and economic entities, as they maximized gains from the slow capitalist transition, because they outlived their usefulness, and centralization would be the next logical step, instead of random companies accumulating profit inefficiently.
This is always such a useless and thought-terminating cliche: While it looks (and arguably is) horrible that the Communist Party of China has or is affiliated with billionaires, the truth is that billionaires (at least not ones connected to state-owned enterprises) have almost no political power in the government as a whole.
Billionaires and the rich are tolerated for different reasons, but ultimate power rests with the CPC, which control the commanding heights of the economy, and almost always direct it in a pro-working class way.
Even Lenin argued that socialism is basically a more advanced version of state capitalism, except with the proceeds going towards average working people and society as a whole.
Comparing modern China to the USSR is almost apples to oranges. The USSR had very little time to build socialism, and had to brute force it.
According to Marx’s original writings, he strongly argued AGAINST this. He argued that it would be best for a socialist society to slowly and steadily nationalize/collectivize workplaces and economic entities, as they maximized gains from the slow capitalist transition, because they outlived their usefulness, and centralization would be the next logical step, instead of random companies accumulating profit inefficiently.