No? China is a socialist country. Public ownership is the principle aspect of the economy, and the working classes control the state. Fascism is the diametric opposite, it’s private ownership as principle and capitalists in charge of the state, ie capitalism, when it needs to violently break up labor organizing and force austerity due to capitalist decay.
Fascist economies seize control of property for nationalistic purposes. Only difference between communism is that they still defer to private property owners while the regime ultimately controls it, as opposed to “the people” owning it.
This is China. They control all their industry for nationalistic purposes. They have a cult of personality leader. Literally every textbook indicator of fascism.
All modern economies have some degree of a public/private split, even the DPRK has special economic zones like Rason. The difference between capitalism (which fascism is a derivative of) and socialism is which aspect of the economy is principle, private or public, and which class is in control of the state, capitalists or workers. In China, public ownership is principle and the state is under the control of the working classes.
The PRC does use nationalized industry and resources for their own benefit, as does every single country, with the partial exception of colonized and imperialized countries that are exploited by the west. Xi Jinping is popular, but doesn’t have a cult of personality. I don’t know what textbook you’re reading, but if it’s telling you that public ownership is fascist you should probably discard it.
No? China is a socialist country. Public ownership is the principle aspect of the economy, and the working classes control the state. Fascism is the diametric opposite, it’s private ownership as principle and capitalists in charge of the state, ie capitalism, when it needs to violently break up labor organizing and force austerity due to capitalist decay.
Fascist economies seize control of property for nationalistic purposes. Only difference between communism is that they still defer to private property owners while the regime ultimately controls it, as opposed to “the people” owning it.
This is China. They control all their industry for nationalistic purposes. They have a cult of personality leader. Literally every textbook indicator of fascism.
All modern economies have some degree of a public/private split, even the DPRK has special economic zones like Rason. The difference between capitalism (which fascism is a derivative of) and socialism is which aspect of the economy is principle, private or public, and which class is in control of the state, capitalists or workers. In China, public ownership is principle and the state is under the control of the working classes.
The PRC does use nationalized industry and resources for their own benefit, as does every single country, with the partial exception of colonized and imperialized countries that are exploited by the west. Xi Jinping is popular, but doesn’t have a cult of personality. I don’t know what textbook you’re reading, but if it’s telling you that public ownership is fascist you should probably discard it.