Not yet, China still has elements of communism as the party is still in power & only opened the door halfway for entrepreneurship capitalism. China may someday transition to a Monarchy with Confucius, Buddhist, or Taoist ideals, but not very soon. Communism did helped China to re-organized & re-established their own industries, however, South Korea did it without communism.
China was a communist were only the dictator in chief, his/her family, clan or inner circle have wealth, authority, like castro, & kim jong il. Where there are "NO" independently or family run Orange County Choppers, restaurant/business, franchise or corporation & billionaires.
Since everything is Centralized, micromanage, & state owned everything was pretty much rationed. They Thought communism (socialism) Was Going To Change China For the Better, instead it lead to starvation famine, & severe punishment for disobedience & violations. Titles to property are not honored or non existent that people simply accept what is provided by the government in one central location so expect long lines. Technical progress was slow. A/C electrical motor, Computers, Cell Phone, LDC TV, CRT TV, & pretty much most innovations throughout history wasn't conceive in a communist country, even China's innovations before communism. People weren't allowed to be creative, innovative, & express themselves unless commissioned by the government. Lop tops, cell phones, microwaves, & flat screen tv. are banned in other communist country. Personal transportation lags in evolving innovations with military funding armamentation having a higher priority than the public.
If you don't work you will do work assigned or ordered by force no matter how unappealing or low class it is. Rationing of benefits, aid or supplies are all anybody are entitled too. It is similar to being in the military for which you are government property & serve anyway possible no matter how burned one is from long hour work. In Non Oriental Communism, Half of 1/3 of the work force will have entitlement/superiority attitudes towards their assigned occupation or towards Casoids, Oreintals, Egros or Other co-workers. The other half of the 1/3 are simply sloths, disappears, uncaring, incapable of accomplishing the task (trained) & pays no attention to detail or quality.The other 2/3 half will perform their task but will take their time doing it. The other half of the 2/3 which is 1/3 will go above & beyond their call of duty either because they couldn't help it or the management just keep depending on them too much in which they get burned in the end. To avoid work the sloths & milkers kiss, lick, & grease behinds & become sidekicks of foreman's, sup's or management. Having Connections can be prestigious or beneficial for a licker/greaser. Thus those from these countries including old/third world countries flee to where capitalism is, & why wealthy or middle class proponents of socialism, like the self righteous hollywood celebs rich-class, won't move in a Communist (socialist) country. Instead of a top 40?0?or 20?ou'll end up with a top .02?r less, forced to buy & accept what the government provides.
They look back at their past greatness & realize once again that capitalism creates opportunities to succeed individually like Dean Kamen, Steve Jobs, Oprah Winfrey, James Naismith, Michael Jordan, Tiger woods, Nikola Tesla, Charles Goodyear, George Westinghouse, Thomas Edison, Alexander G. Bell, Willis Haviland Carrier. The more individuals succeed independently the more it enriches individual's self worth, spirituality & society aided by Confucianist, Taoist, Buddhist principles & virtues towards hard work & self reliance that enables their community to prosper & free'r than before. Many has always fled to a capitalist society since communism began & no self righteous hollywood celebs rich-class would choose North Korean, Cuban, or USSR system over Capitalism not even the poor of a third/old world.
People pursue their interest in capitalism, try to be successful at it, & pursue other interest, if they fail, to be self reliant. Steve Jobs, Cisco founders & others started out in the Garage. They came up with a product that the public would like to have, no different from musicians who sells their talent to the public. They expanded & provided qualified others with jobs, including businesses they supplied & contracted for logistic, energy &, advertising purposes. Using money in the exchange of products, services, or entertainment is how the public choose freely & show their appreciation to what others produce & provide, respecting property by exchanging property or money. Their self interest is to provide for themselves & their family through success that they can pass down to their children that they earned for their children or whom ever they choose.
Answered By: Blanco Y Egro comedones - 9/22/2011