I always viewed “Socialism with Chinese Characteristics” as a necessary economic compromise that had to be made to prevent the Chinese Communist Party from losing power, similar to the NEP in 1920s Russia, so that eventually China could continue on the road to pure socialism. Is that accurate?
@dessalines
I just read "Isn’t China revisionist for having a capitalist sector of the economy, and working with capitalists? Why isn’t it fully planned like the USSR was? ", and it made so much sense. Thanks for sharing. I’m going to read the rest soon.