Perhaps of interest to fans of China's socialism is its vigorous invocation of free market principles. For example:
The global industrial and supply chains are shaped and developed by the laws of market and business choices combined. Any deliberate intervention to instrumentalize and weaponize economic and trade issues is a violation of the principles of market economy and fair competition and will pose risks to the security of global industrial and supply chains. It will hurt the interests of the whole world, including the US itself. The US needs to respect international trade rules and the principle of market economy and create enabling conditions for China-US economic and trade cooperation. --Foreign Ministry Spokesperson Wang Wenbin’s Regular Press Conference https://www.fmprc.gov.cn/eng/xwfw_665399/s2510_665401/2511_665403/202312/t20231222_11209887.html The PRC makes many similar statements. Either it is sincere, in which case it is hardly socialist, or it is hypocritical, simply abandoning the effort to put forward a socialist line to the world's people. Michael Roberts is full of positive features in his "explanation" of China's success at monopoly capitalism. He can't even mention, among its advantages on the world market, cheap wages. He alludes to it with the phrase "unequal exchange." -=-=-=-=-=-=-=-=-=-=-=- Groups.io Links: You receive all messages sent to this group. View/Reply Online (#30425): https://groups.io/g/marxmail/message/30425 Mute This Topic: https://groups.io/mt/106146595/21656 -=-=- POSTING RULES & NOTES #1 YOU MUST clip all extraneous text when replying to a message. #2 This mail-list, like most, is publicly & permanently archived. #3 Subscribe and post under an alias if #2 is a concern. #4 Do not exceed five posts a day. -=-=- Group Owner: [email protected] Unsubscribe: https://groups.io/g/marxmail/leave/8674936/21656/1316126222/xyzzy [[email protected]] -=-=-=-=-=-=-=-=-=-=-=-
