• Cowbee [he/they]@lemmy.ml
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    1 day ago

    “Market Socialism,” if you mean the PRC’s Socialist Market Economy, is founded on Marxism. They maintain that they are working towards Communism and are working with a Marxian understanding of the economy. This isn’t about “purity,” rather, this is Marxist and is working towards Communism, so it’s a Communist ideology.

    As for mixed economies, such a naming distinction is rather pointless. All economies are mixed, there exists no economy that does not have characteristics of the previous mode of production or the next. Whether a system is Capitalist or Socialist is determinate on what is primary in an economy, not what is “pure.”

    Further still, no system is stagnant, competition forces centralization, so Market Socialism eventually works towards either a resurgance of Capitalism or progression to Communism.