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“The market practices are still controlled by the state. So it’s not capitalism… it’s a single party state, it’s a single party, communist state, it hasn’t stopped defining itself as communist.”
Elizabeth Spalding explains that China, under the CCP’s rule, has always been a communist state, and refutes the claims that it has a form of capitalism or a free market economy. She clarifies that while Beijing may experiment with the markets in a way that past communist states never did, all things are still under full control of the party.
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The Deadliest Ideology of the 20th Century—Elizabeth Spalding on the First US Museum Honoring Victims of Communism
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