270
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 05 Oct 2024
270 points (92.7% liked)
Asklemmy
44149 readers
1262 users here now
A loosely moderated place to ask open-ended questions
Search asklemmy ๐
If your post meets the following criteria, it's welcome here!
- Open-ended question
- Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
- Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
- Not ad nauseam inducing: please make sure it is a question that would be new to most members
- An actual topic of discussion
Looking for support?
Looking for a community?
- Lemmyverse: community search
- sub.rehab: maps old subreddits to fediverse options, marks official as such
- !lemmy411@lemmy.ca: a community for finding communities
~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~
founded 5 years ago
MODERATORS
The simple fact is that capitalism has lifted more people out of poverty historically than anything else.
Is capitalism a perfect system? Of course it isn't. But it's the best one we've got.
This is patently false, the PRC holds that record and it was due to Socialism, not Capitalism.
Lol. Firstly, China claims they've eradicated absolute poverty. Do you really believe that?
Secondly, China has opened its markets to the world and allowed a ton of private ownership and private companies to take on the global markets.
The only thing that isn't capitalist about China is the word "Communist" in the ruling party.
Yes, why do you not?
Yes. Mao misjudged the level of productive forces and tried to establish Communism through fiat. Deng opened the markets to foreign Capital, where the CPC allows businesses to grow in a controlled and careful manner before "harvesting them" into the public sector once they grow sufficiently. The majority of the economy is publicly owned, operated, and planned.
This is an absurd statement that could only be made by someone unfamiliar with Marxism. The presence of markets do not mean that the system isn't Socialist. The economy is socialized by degree, not by decree! You can't establish Communism through fiat, which is why the CPC has been absorbing more Private corporations into the Public sector over time, and exerting more control and planning on the Private sector.
Read Socialism Developed China, Not Capitalism.
This is a country where COVID originated and with a population of 1.4 billion, yet apparently only 5,272 people have died. They're not great at telling the truth and are masters at propaganda.
The profits from companies are retained by the companies. Isn't the idea of socialism that the workers own the means of production and no companies profit? The Chinese economy is set up the exact opposite.
They took much stronger stances against COVID than the US. Not sure what numbers they actually have, but I wouldn't be surprised if they were low.
You have a fundamental misconception of what Socialism is. It isn't an ideal to be forced on a society, but the result of markets coalescing and centralizing, to be planned. Additionally, the majority of the PRC's economy is in the public sector. Private Property is abolished and absorbed by degree, not decree.
Read Socialism Developed China, Not Capitalism. I already recommended it, and you have not read it. Read it, it only takes 20 minutes.
TBH... It was due to free market reforms. Which in of itself is not capitalism though but normies can't tell the difference.
They weren't "free"-market reforms. A good, 21 minute read is the article Socialism Developed China, Not Capitalism. The PRC brought back markets because they tried to achieve Communism through fiat, without letting markets adequately coalesce into monopolist syndicates ripe for socialization. The Dengist Reforms brought stability to growth and prevented recession, but the bulk of the economy is publicly owned and centrally planned.
Not true. Here you go..
https://youtu.be/Co4FES0ehyI