My latest TikTok video on China’s economy got an outpouring of critical comments about “worker ownership” in China. People are very concerned that state owned enterprises are not a form of socialism but rather something called “state capitalism.”
But I think we can all agree that if the state is actually representative of the workers, then state ownership is worker ownership.
Here is a video describing the recent history of China’s emerging “consultative democracy,” showing ways the central leadership is embracing the power of democracy.
Please keep an open mind as I tell you now that China has the best “Democracy Perception Index” of all countries surveyed. This index is found by polling citizens of how democratic they feel their society is and subtracting that from how important they feel democracy is to their future.
Their 2022 report can be downloaded here.