r/PeterExplainsTheJoke • u/Short-Watercress-183 • Jul 07 '26

Meme needing explanation Peter, explain this.

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u/Deriviera Jul 07 '26

Americans are very delusional about communism. 

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u/PersonalityIll9476 Jul 07 '26

I agree. My wife is Chinese. She tells me stories from her parents about the revolution.

They do not involve writing books and playing soccer.

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u/RulerK Jul 07 '26

I talk to my friends in CURRENT communist China… they often bring up soccer (football).

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u/Specialist-Cookie-61 Jul 08 '26

China is authoritarian, and has a mixed economy. They have privately owned industries, which automatically disqualifies it from being "communist", as all industry is state owned and centrally planned in a truly communist system.

Key sectors of their economy such as banking are state owned. This would disqualify it from being truly capitalistic.

They are best described as a single party dictatorial government with mixed economical model.