But isn’t the means of production still mostly controlled by capital owners? Sure, some industries are influenced by the government, but that is also the case in the West. The plan is certainly more detailed for China, but to me Socialism always meant labor is controlling the means of production. How’s that the case when an elitist single-party government influences the capital owners?
Really? I’m not convinced the Chinese government acts in the interests of its people at all. That’s probably the biggest reason I can’t call it Socialism. Just because government influence is stronger than in the West, the economic system isn’t completely different.