No, I said the US avoided nationalizing production but rather nationalized the results of production ie income,corporate, and capital gains tax. Its a more workable form of Marxism.
"Fascism" is my street level impression of China.
Capitalism + totalitarian government = Fascism, right?
It certainly isn't Communist. Get rich quick books line the streets and ever back alley is humming with commerce. The word communist doesn't spring to mind.
Where you and I differ (greatly) is in which represents the "true" China. I agree there is all sorts of capitalism going on in China as well as occurred in the USSR in the black market (as there is in every society at some level or another) that does not mean it is either "official" economic policy nor is it an indicator of where the society is heading, any more than the fact that there might be a lot of speeders on I-75 is an indication that the speed limit is changing. All it means is that for now, the government is tolerating it.
To me, the most important thing is that the MOMENT the Chinese government suspects that this "capitalist" base is viewed as a threat to the regime, it will vanish in the same amount of time that it took Stalin to eradicate the vibrant Kulak agricultural sector. Remember, Hitler used Jews in various positions as long as they contributed to the ends of Naziism.