On Feb 20, 2008, at 9:12 PM, ken hanly wrote:
Neither Vietnam China nor Venezuela are socialist. Socialism involves the socialisation of the means of production, distribution, and exchange, and production based on need not profit. None of those countries have achieved this. Both Vietnam and China have been moving away from such a system through extensive privatisation and changing toward a market system based on profit and integrating into the global capitalist market. They also both have increasing foreign investment. Venezuela at best is moving towards a socialist system. What follows is short description of China's change towards capitalism. What is wrong with it? http://www.encyclopedia.com/doc/1G1-146354456.html The Irreversible Emergence of a Capitalist System
What is wrong with it is that it describes the emergence and flourishing of Chinese capitalism in its present form as a movement *away from* socialism. It is the opposite--a movement from a backward bureaucratic state capitalism, which reflected the semi-feudal and dependent colonial structures inherited by the CCP, towards a modern, globalized capitalism in which the proletariat is growing by leaps and bounds, in numbers, strength, and confidence. It is then, within the capitalist mode of production, an enormous step *toward* [the possibility of] socialism. Shane Mage "Thunderbolt steers all things...it consents and does not consent to be called Zeus." Herakleitos of Ephesos
