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Is China socialist?
The MARX MEMORIAL LIBRARY examines the economic development of the People’s Republic of China

THE short answer is — not in the way that many socialists who have yet to make their own revolution in the metropolitan heartlands of capitalism might imagine “their” socialism to be.  

However, as Marx declared, people make their own history but not in circumstances of their choosing — and this is as true of China as anywhere else.  

Many of those on the far left who regard the former Soviet Union as “state capitalist” put the People’s Republic of China in the same boat.  

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