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submitted 1 year ago by RandAlThor@lemmy.ca to c/worldnews@lemmy.ml
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[-] CatholicSocialist@lemmy.ml 3 points 1 year ago

What the fuck? Why are we endorsing fascist state capitalists?

[-] 133arc585@lemmy.ml 54 points 1 year ago

They're obviously not fascist, and you'd know that if you were being honest about it and bothered educating yourself both on what fascism is, and on the realities of the PRC.

Also, it's not "state capitalism". They do use a market economy in addition to a planned economy, as part of the overall socialist economic system. It's not a binary either-or; using a market economy doesn't mean it's capitalism, and planned economy (intervention) doesn't mean it's socialism. They're structural terms, and relate to purpose: capitalism's purpose is to maximally extract profit and concentrate wealth; socialism's purpose is to better the lives (materially and culturally) of its people. China, as a socialist system, takes advantage of the benefits that a market economy can offer (efficiency, competition, resource allocation, demand and pricing signals) but doesn't use it to extract and concentrate wealth: instead, it uses the net benefits of the market economy to benefit the people. Similarly, a purely planned economy can be very stable and fair but is prone to stagnation and slow progress. By using both systems simultaneously, taking the relative advantages of each, China is able to benefit from efficiency and stability. There's also no pure free market economy: every capitalist economy has degrees of government intervention (another name for planned economy), especially in times of crises.

[-] CatholicSocialist@lemmy.ml -1 points 1 year ago* (last edited 1 year ago)

Tell me this, does this supposed "socialist system" have workers owning the means of production? How are factory conditions again? Hell you can't even particularly call them a social democracy, they don't have complete universal healthcare like Europe yet, and they have less than half the paid leave! Socialist system with billionaires, LMFAO (I don't care if the rules are stricter and they're held more accountable, the fact they exist in the first place is pure capitalism).

And I'm calling them fascist because of how they treat political dissidents and minorities.

[-] GarbageShoot@hexbear.net 60 points 1 year ago

And I'm calling them fascist because of how they treat political dissidents and minorities.

"In my true socialist state, Qigong cults can operate with impunity as they scam people and push racist cosmological myths"

And for the second part you're just drinking neoliberal koolaid published by the people who are the most prolific killers of racial others in human history.

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this post was submitted on 09 Aug 2023
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