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reposing part of somebody else's effort post
>why the capitalist West consider China post-Deng capitalist and not socialist?
>In my opinion, there are two main reasons for this insistence on the narrative that China converted to capitalism somewhere during Deng’s ascension:
>The USA literally made a deal with China in order to isolate the USSR in 1972 (when Mao Zedong was still in power, alive and strong — see his famous handshake with Nixon, one of the most famous photographs of Cold War History); as a result, they became literally interdependent with China’s economy over the decades, something that never happened with the Soviet Union, which the imperialist powers managed to isolate economically from the very beginning;
>If the West admits China is socialist, then it automatically admits it didn’t win the Cold War or, to be more precise, that it won the First Cold War only, in a strict sense of war between nation-states, not in the greater context of the war against socialism. It would be the admission to their own peoples that they lied in the 1990s, when they claimed to have won the existential war against socialism. This prestige cannot go to waste in the West, so they keep the lie that China is just a capitalist nation-state with the now famous “authoritarian” model of government (i.e. they have the right material base but the wrong superstructure).
>My prediction is that capitalism will ultimately not be able to win the Second Cold War, and that, bar nuclear extinction of the entire human species, socialism will prevail in a long transition that will probably take one century or two to be consolidated.