Comment by ivewonyoung
6 hours ago
I listed the reforms upthread that you ignored.
All the reforms fit a capitalistic model, not just a free commerce model.
https://news.ycombinator.com/item?id=48231586
And of course, Mao's communism was very anti-capitalistic.
All well and good but you still haven't addressed my point which is that China's reduction of poverty is due to its central control of wages, construction, and capital.
https://news.ycombinator.com/item?id=48236489
They had "central control of wages, construction, and capital" to a much higher degree before they started becoming capitalistic in 1976 and the poverty levels were much much worse and not going down. They only started doing down once they embraced capitalism and started allowing private companies.
An assertion made without evidence can be dismissed without evidence.