Oh fuck, I hope to God your not talking about China who has pumped out more billionaires than the US for the third straight year. The one that used a planned economy to corner the global markets. They are so far from Communism or Socialism it isn’t funny.
China who has pumped out more billionaires than the US for the third straight year
They also have about 4x the population.
China’s mixed model does unfortunately still allow haute capitalists to spring up in certain industries. However the worst offenders are regularly captured and imprisoned, their wealth redistributed.
When was the last time a US or EU billionaire went to prison for any serious length of time and got their wealth confiscated?
The one that used a planned economy to corner the global markets
Oh no, a centrally planned & industrialized economy works better than unplanned, de-industrialized and over-financialized economy. Evil asians are cornering the market!
They are so far from Communism or Socialism it isn’t funny.
They are really far from communism as Marx defined it still. But they do have a working “mixed” system, with workers principally in control of the state, the state planning the economy, and the state directly controlling most important industries including finance, with regulated&limited capitalist development strategically allowed in some sectors of economy in order to advance the productive forces. This is consistent with (initial stages of) socialism in the most commonly understood Marxist-Leninist sense, similar to NEP if you’re familiar with the history of USSR. It is not socialism in the Stalinist or classical Maoist sense but I don’t think you are advocating for either of those.
China is verifiably a socialist country in Marxist-Leninist sense. Unless you also want to claim that USSR under NEP was not a socialist country in a Marxist-Leninist sense in which case cool, you know Marxism-Leninism better than Lenin, congrats.
If you want to critique China there are hundreds of ways to do so, from human rights to urbanism to policing issues, but the economic equality or non-adherance to socialist principles is far down the list.
Also, bad when US corners market on China but good when China does similar. Pure garbage.
US “corners” the market by bombing countries and/or forcing them into forever austerity traps via IMF’s policies.
China “corners” the market by subsidizing national industry and development.
Neither is particularly great but the two are not identical.
(clearly) unlike you, I’ve been to China and spoke to people there and read academic research on the subject.
China is not fascist, in fact it is quite close to the opposite (do you even know what characterizes fascism?).
China is not an oligarchy but a one-party bureaucracy (same as mid-to-late USSR). Not great either but the power is not concentrated in the hands of the few in the same sense as it is in the US, party factions and members have significant power&leverage all the way from local to national level.
Oh fuck, I hope to God your not talking about China who has pumped out more billionaires than the US for the third straight year. The one that used a planned economy to corner the global markets. They are so far from Communism or Socialism it isn’t funny.
They also have about 4x the population.
China’s mixed model does unfortunately still allow haute capitalists to spring up in certain industries. However the worst offenders are regularly captured and imprisoned, their wealth redistributed.
When was the last time a US or EU billionaire went to prison for any serious length of time and got their wealth confiscated?
Oh no, a centrally planned & industrialized economy works better than unplanned, de-industrialized and over-financialized economy. Evil asians are cornering the market!
They are really far from communism as Marx defined it still. But they do have a working “mixed” system, with workers principally in control of the state, the state planning the economy, and the state directly controlling most important industries including finance, with regulated&limited capitalist development strategically allowed in some sectors of economy in order to advance the productive forces. This is consistent with (initial stages of) socialism in the most commonly understood Marxist-Leninist sense, similar to NEP if you’re familiar with the history of USSR. It is not socialism in the Stalinist or classical Maoist sense but I don’t think you are advocating for either of those.
They are not socialist or communist period. They have some socialist policies but they are ruled by an oligarchy and are more fascist than the US.
Also, bad when US corners market on China but good when China does similar. Pure garbage.
China is verifiably a socialist country in Marxist-Leninist sense. Unless you also want to claim that USSR under NEP was not a socialist country in a Marxist-Leninist sense in which case cool, you know Marxism-Leninism better than Lenin, congrats.
If you want to critique China there are hundreds of ways to do so, from human rights to urbanism to policing issues, but the economic equality or non-adherance to socialist principles is far down the list.
US “corners” the market by bombing countries and/or forcing them into forever austerity traps via IMF’s policies.
China “corners” the market by subsidizing national industry and development.
Neither is particularly great but the two are not identical.
Cool, you deny they are a fascist oligarchy. Good job with the bullshit propaganda.
I did critique China just now. You offered nothing to counter except lousy rhetoric. Have a good day sir.
(clearly) unlike you, I’ve been to China and spoke to people there and read academic research on the subject.
China is not fascist, in fact it is quite close to the opposite (do you even know what characterizes fascism?).
China is not an oligarchy but a one-party bureaucracy (same as mid-to-late USSR). Not great either but the power is not concentrated in the hands of the few in the same sense as it is in the US, party factions and members have significant power&leverage all the way from local to national level.
Clearly you regurgitate propaganda well. Next you are going to tell me that the US is a representative democracy.
China is so clearly fascist it isn’t fucking funny. Being in denial is pretty funny though, thanks for that. I appreciate you naivety.
China is not an oligarchy? Why do they have a concentrated wealthy ruling class!? Please, grow up.