

First off, I apologize if I came off as hostile. That’s not really my intent, I try to correct misconceptions and misunderstandings surrounding Marxism and Marxism-Leninism when I see them.
Overall, the Marxist view on markets is that at lower stages of development, they can serve a progressive role, but at higher stages they impede progress and even turn into imperialism, as we see in Europe and the US, ie the global north. Capitalism is best described as a system by which private property is the principle aspect of an economy, ie the large firms and key industries are privately owned. In such a condition, this means private property also has control of the state, so markets will largely play a reactionary role in exploiting and oppressing the masses. Socialism can make use of limited markets while retaining state control of the large firms and key industries to get the good growth of markets in lower development while taking advantage of the numerous benefits of central planning at higher stages in development.
Capitalism itself leads to inequality and fascism. There isn’t a way to escape this, there is no such thing as a static capitalism. It either forces imperialism outwardly, is stuck at simple reproduction in imperialized countries (rather than reproduction on an expanded scale), or turns to fascism, if it doesn’t have a socialist revolution.
As for the PRC, they are firmly Marxist-Leninist, specifically Marxism-Leninism-Xi Jinping Thought, which is largely a synthesis of ML-Mao Zedong Thought and Deng Xiaoping Theory, itself an addendum to MZT. Their system is firmly socialist, their use of markets and private property is in a controlled manner that can only be controlled as such in a primarily planned economy. Without understanding this, you won’t be able to see why the PRC is on the rise and is so stable, while Social Democracies in Europe are on the decline.
You’re welcome for the links. If you want a standard reading list for Marxism-Leninism, I made an introductory one you can check out if you ever get the interest. You’ll be able to better understand the USSR, it’s strengths and weaknesses, and why the PRC is currently succeeding.
I don’t really blame many of the Marxists here for being short on patience, much of the arguments we have are the same exact arguments we’ve had day after day. I do think patience tends to be more useful in dialogue, but I also can’t expect everyone else to uphold that.
Take care!