Late Stage Capitalism
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My god, stop putting words in my mouth that I'm some kind of anti-communist as a whole due to not recognizing China as being Socialist. Sorry for viewing things through historical materialism and it not passing the sniff test I guess.
That comment was referring to the private model which, you're right, is not the exact same in execution but it's remarkably similar in principle given both systems' state dominance in key economic areas with the co-existence of private ownership.
Fascist Italy did hold a significant portion of state ownership in heavy industry/shipbuilding/banking/infrastructure by 1930, so it wasn't entirely driven by private ownership. China economy isn't necessarily public either (at least depending on who you ask) given how it's state owned with state acting as the surplus-extracting capitalist and having the final say rather than collectivized and owned by the workers.
I called you a "Left" Anticommunist, which I think is accurate. You're overwhelmingly negative about Actually Existing Socialism, as in you deny it as such, which I don't think is putting words in your mouth. The reasons you have given have actually rejected Historical Materialism, in our previous conversations you indicated that Socialism is a unique Mode of Production defined by the absence of all other forms of property relations, which entirely disregards the Dialectical aspect of Historical Materialism, ie how each Mode of Production emerges from the old, containing elements of both the old and the emerging society. There's no "sniff test" done by you, no Historical Materialism from what I've found, just US State Department friendly "Marxism."
Mussolini's Italy and Socialist China are not at all the same, which is again utter nonsense. In Fascist Italy, throughout the 1920s privatization of state industry was the norm. In the 30s, the instituti were formed, which brought the bourgeoisie into government unity, quite literally a state designed from the 1920s to strengthen the bourgeoisie now further entrenching them. This was said in 1934:
In China, this is obviously not the case. SOEs are publicly owned, as well as key industries, and in the medium firms the CPC has the golden share. The Public truly owns these, and the CPC has power over all Capitalists. Marxism is taught in school as the basis for ecomomics, and gradually the public sector is growing and exerting more power over the medium and smaller firms which are more privately owned. The CPC is not a "Capitalist," nor is the NPC. The funds they bring in through SOEs, taxation, and more get used for development and social services, Marx talked about this in Critique of the Gotha Programme:
Further, Fascist Italy crushed Communists and worker organizations, Socialost China is run by Communists that strengthen worker organizations. Fascist Italy was designed to enrich the business owners, Socialist China works comprehensively towards strengthening pay year over year, eradicating poverty, and building towards higher stages of Socialism.
As a tangent, your comment implies cooperative property is the basis of Marxism, ie direct worker ownership, but Marx and Engels themselves rejected it as petite bourgeois relations. Exclusive ownership over a small portion of the economy cannot truly be considered abolition of private property, but protecting it. That's why Engels describes the Proletarian State gradually collrctivizing all property until class struggle is resolved through "lower stage Communism," or what we would call "Socialism," before the state withers into the "Administration of Things," which still wouldn't be direct worker ownership but publicly owned and planned production to fulfill use-value.
I take what you say seriously because your type of views ultimately end up working against Marxists globally, and are often magnified in liberal spaces. "Left" Anticommunism is something that deeply permeates Western Marxism, so it's important to call it out when I see it.