“If we want more growth, we need to allow creative destruction so new companies can deliver the productivity we need.”
Octopus energy ceo greg jackson
“If we want more growth, we need to allow creative destruction so new companies can deliver the productivity we need.”
Octopus energy ceo greg jackson
Apologies. Looked it up and you’re right! China is a self described dictatorship. Just a dictatorship of the people.
Given the degree of censorship and control China’s government leverages over its citizens, most political experts would call it a dictatorship. China’s constitution calls its government a “people’s democratic dictatorship.” This may sound like a contradiction of terms to many people. The premise of the “people’s democratic dictatorship” is that the Chinese Party of China and the state represent and act on behalf of the people, but possess and may use powers against reactionary forces. The People’s Republic of China is currently ruled by President Xi Jinping, who also serves as the General Secretary of the Communist Party of China, Chairman of the Central Military Commission, the country’s Vice President, the President of the Central Party School, and the 1st ranked member of the CPC Politburo Standing Committee.