Carbon Dioxide emissions per year, biggest offenders:
China - Capitalist Economy http://www.cato.org/policy-report/ja...ame-capitalist
USA - Capitalist Economy
European Union - a third less than the entire USA, while having almost 60 percent more population.
You keep asking for an explanation of what socialism is, but the fact is, you wouldn't know it if it hit you in the face. All you know is what you've been told.
Originally Posted by WombRaider
to call China's economic model a true capitalist model is wrong. China places so many restrictions on fair business competition that at best it's a bastardized model bred out of the failure of purely socialist models, which have completely failed at any level large or small. the Chinese were simply smart enough to realize the absolute failure of a model socialism is before it collapsed their economy and their control as it did in the former USSR. they only did it to stay in power. even the Russian Federation today is not true capitalism, because true capitalism does not allow for monopolies which is exactly what the oligarchs control. it doesn't matter that they are no longer government controlled, they are still government given, lock, stock and barrel. and the government can take away what they have given at a moment's notice. for any reason. that does not happen it true capitalist models.
china props up its stock market which is a government controlled market to begin with.that's not rue capitalism. China recently suspended trading of dozens of stocks. they do that if a stock drop more than 10% in a day's trading. in a real capitalist model we'd let the stock crash till the company was ruined and out of business. that's a real free market capitalist model, not the bastardized government controlled model of China or the Russian Federation.