Katana VentraIP

Primary stage of socialism

The primary stage of socialism (sometimes referred to as the preliminary stage of socialism),[1] introduced into official discourse by Mao Zedong as the initial stage of socialism, is a sub-theory of Chinese Marxist thought which explains why capitalist techniques are used in the Chinese economy. It maintains that China is in the first stage of building a communist society, in a stage where there is private ownership.[2]

the decline in ideological conflict in tandem with the creation of nuclear weapons had radically changed East–West relations and the end of colonialism had altered the basis of North–South relations;

[25]

technical and scientific progress had—despite Marx' forecast—strengthened capitalism and changed the international arena since Lenin's death;

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the increased economic interdependence brought by had reduced the risks of war;[25]

economic globalization

the reforms within socialist states had brought closer to the world market and the capitalist economies.[25]

socialist economies

China model

State capitalism