What I meant to say is that as long as China is still a Communist country, it will never be truly Capitalist in it's economy. It's still basically socialist, at least more or less.
Reality check--America is not truly capitalist in its economy either.
Of our $2 trillion dollar budget, roughly 67 cents of every dollar is spent on social welfare.
50% of the voters are Democrats. Democrats are anti-business. Check out Al Gore's transcripts from the 2000 debates. Kerry will say the same thing. "Big pharmaceuticals, big oil, big tobacco. etc.". They hate the free enterprise system. Our tort laws are anti-business. Malpractice premiums are driving doctors out of business.
Half the people pay no taxes. How in gawd's name can anyone say America has a "capitalist society" when we are socialist in our spending?
The truth is hard for many to swallow, but the fact is we no longer have a free-enterprise economy. Regulations and excessive taxes and more people on the dole than paying taxes clearly points out that we are moving fast into a socialist form of government. The way the Fed intervenes, to imply we have a free enterprise system is a sick joke.