Socialism has all the power on the State with no or little room for individuals themselves to make their businesses and companies, companies that'll thrive will be friends with the king and create a monopoly in that country.

China has tons of small and big businesses and it's still socialist.

[–] DPRK_Chopra@hexbear.net 6 points 2 years ago* (last edited 2 years ago) (1 children)

That's literally what the Chinese flag stands for, but these chunderheads would never know it.

[–] christiansocialist@hexbear.net 6 points 2 years ago* (last edited 2 years ago)

"Bu-bu-but they're a bunch of [insert super racist remarks about Asian ppl]"

[–] Milk_SDF_Possum@lemmy.sdf.org 2 points 2 years ago (1 children)

Chinese companies are basically extensions of the government.

[–] OutOfIdeas@lemmy.sdf.org 1 points 9 months ago

Most corperations are, in any country.