• Cowbee [he/they]@lemmy.ml
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    14 hours ago

    Very frequently, but it is exactly just as likely it would have moved on to Socialism and eventually Communism, or retained feudalism, it all depends on when in development.

      • Cowbee [he/they]@lemmy.ml
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        5 hours ago

        Fantastic question! The answer is no, not necessarily. The PRC is Socialist, and never had a true “Capitalist” phase. It currently has a Socialist Market Economy, but never really had a stage dominated entirely by Capitalism.

        There are also reversions. Russia reverted to Capitalism, and Germany almost became Communist, but was stopped by the Nazi Party coming to power.

        However, all of that being said, history does generally progress alongside technological development, and the Mode of Production follows suit.