No one said get rid of markets, just tune markets where profit motive is not what it is now.
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It's the same PRC that killed the landlords and then a bunch of peasants to force transition from subsistent agrarian society to an industrialized one, just post GLF, i.e. IMF noted that PRC in 70s (shortly after GLF) was significantly more industrialized than developing peers who started around same condition.
It's the same China where rich Chinese want LIO passport BECAUSE they know LIO democracies are so corrupt and captured by money that their black money is safe. Which is more indictment of western sclerosis, because they don't believe west can do the hard things to fix current economic model.
Whether you think current model is broken / needs fixing is up for debate, but fixing hard problems on short timelines, i.e. drastic change may require breaking eggs aka violence. That's the objective lesson when one examines past 100 years into illustrative history. Violence (revolution, wars, state collapse) break entrenched/sclerosis systems that build up on century cycles (rough heuristic).
It's the same pattern that China and other older countries (including western ones that are now LIO), who has gone through these cycles have learned and that young US will likely eventually also learn. You break systems (and markets) with violence and then rebuild it, hopefully better than you started. But sometimes not. But at some point the only feasible fix, is pitchforks.