In order to properly focus on the thread topic, IMO
its useful to read (and understand) the article below
so that one is familiar with the features/benefits and
the strengths/weaknesses of Capitalism and Socialism respectively
(not Communism) and how Hybrids attempt to compromise
and address weaknesses and sustainability of both
Amnd of course in line with the topic its useful to keep
in mind how China fits into the Hybrid model and what one's
own paradigm really is. To Label China as Communist
from an economic structural point of view is naieve to
say the least.
https://www.investopedia.com/ask/answers/020915/what-are-differences-between-capitalism-and-socialism.asp
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- Chinese Economic demise..Wishful US Thinking?
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