State capitalism refers to economies where the state is heavily involved in capitalism, and private property is the principal aspect of the economy with the capitalist class in charge of the state. Both the USSR and PRC are socialist, public ownership was and is the principal aspect of their economies and the working classes control the state. An example of state capitalism is South Korea, not the USSR or PRC.
Not really, Gorby did seem to be vaguely moving in that direction but not to the same extent as China did around when it was transitioning. The USSR right up until the end kept a command economy overseen by Gosplan, could be debated this is what helped kill it though.
You did get market activity on the small scale particularly around farmers markets etc & ofc the black market along with some small time business ventures but the overarching industrial economy never ceased being overseen by Gosplan & owned by various state run companies.
I thought the USSR was nothing more than a state capitalist society like China is today?
And pray tell, who told you this?
While USSR was not state capitalist, it did change vastly over time.
As a reminder, at the end even Mao was calling it socio imperialist shit (he was more verbose and polite, but still)
You didn’t answer my question
You never asked me any questions.
He’s asking you now.
And how can I possibly answer on behalf of the Pirate2377? I’m not their attorney.
Oh damn, my bad. I thought you were Pirate2377. Have a good day
State capitalism refers to economies where the state is heavily involved in capitalism, and private property is the principal aspect of the economy with the capitalist class in charge of the state. Both the USSR and PRC are socialist, public ownership was and is the principal aspect of their economies and the working classes control the state. An example of state capitalism is South Korea, not the USSR or PRC.
Not really, Gorby did seem to be vaguely moving in that direction but not to the same extent as China did around when it was transitioning. The USSR right up until the end kept a command economy overseen by Gosplan, could be debated this is what helped kill it though.
You did get market activity on the small scale particularly around farmers markets etc & ofc the black market along with some small time business ventures but the overarching industrial economy never ceased being overseen by Gosplan & owned by various state run companies.