this post was submitted on 26 Jan 2026
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China
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Discuss anything related to China.
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No problem! This is why I always try to stress the importance of the essence, or principle aspects, of an ecomomy. Simple ratio comparisons don't actually determine what controls the economy. If private sector growth comes from privatization of SOEs, for example, that's quite dire, but cooperative growth and development provides the basis of socialized production. This is one of Marx's key observations about markets, this trend towards socialization of production from decentralized "anarchy of production."