because they literally did that. in 70s they
decolectivized agriculture
allowed non-state businesses and profit incentives
allowed foreign ivestments
opened international trade
in 90s they privatized almost all small and meduim size businesses and allowed people to freely move
that's just from top of my head, I'm sure I forgot half of their deregulation
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You are right and they highly regulate the big aspects like life essentials. They also own large portions of the big companies or outright regulate their every move.
But, yea, let’s go with “everything gudest is muh capitalism and everything scarewy is socialism/communism”.
You do know how absurd that sounds to people with a IQ over 120, right?