Marxist economics. The reason it’s applicable is because China’s strategy isn’t at all in the same suit as Japan, the ROK, Taiwan, etc. China’s Socialist economy is built on public ownership of large firms and key industries, not just “window guidance,” and China isn’t racking up debt to do it.
China has a capitalist economy, not a socialist one.
It sounds like you’ve been soaking up Chinese propaganda!
You’re like those Christian Americans who truly believe that Trump is promoting “Christian values” despite being as far as you can get from Christian values.
All it takes for socialism is to just wave the flag and talk the talk, but not walk the walk, eh?
I explained in the other comment, public owership is the principle aspect of the PRCs economy. It isn’t so much “Chinese propaganda” as it is simple observation of their economic makeup.
Chinese public to Chinese billionaire: “Can I have some of our public profits?”
Chinese billionaire: “No.”
Again, saying they’re “public” and actually being publicly owned are two different things. The PRC is just lying. They can be in this “building towards socialism” phase indefinitely while they profit off the labour of the working class.
And a simple observation of their economic makeup will see things that you typically see in capitalist economies, like banks, and stock markets, and billionaires, things that are pretty explicitly the antithesis of Marxism.
Billionaires are lowering in quantity in the PRC year over year, while working class wages and purchasing power are rising year over year. Massive projects like the Poverty Elimination Campaign are successfully being implemented to directly address the needs of the people.
Further, you have no proof of the PRC lying about pubkic ownership. There aren’t hidden shadow Capitalists pulling strings, lmao, this is a conspiracy theory.
Even further, they cannot indefinitely build towards Socialism. Socialism arises naturally as long as the state continues to resolve contradictions in favor of the proletariat, as firms grow and get folded into the public sector and socialization increases. Systems are never static, which is why the proportion of the public sector is rising in China.
The presence of structures potentially contradictory to higher stages of Socialism, like banks, stock markets, and billionaires, does not mean they are not progressing towards those higher stages.
Given our prior interactions, I already know you aren’t a Marxist, why should anyone trust your evaluation of Marxism?
Specifically though, which part is relevant here?
Marxist economics. The reason it’s applicable is because China’s strategy isn’t at all in the same suit as Japan, the ROK, Taiwan, etc. China’s Socialist economy is built on public ownership of large firms and key industries, not just “window guidance,” and China isn’t racking up debt to do it.
China has a capitalist economy, not a socialist one.
It sounds like you’ve been soaking up Chinese propaganda!
You’re like those Christian Americans who truly believe that Trump is promoting “Christian values” despite being as far as you can get from Christian values.
All it takes for socialism is to just wave the flag and talk the talk, but not walk the walk, eh?
I explained in the other comment, public owership is the principle aspect of the PRCs economy. It isn’t so much “Chinese propaganda” as it is simple observation of their economic makeup.
Chinese public to Chinese billionaire: “Can I have some of our public profits?”
Chinese billionaire: “No.”
Again, saying they’re “public” and actually being publicly owned are two different things. The PRC is just lying. They can be in this “building towards socialism” phase indefinitely while they profit off the labour of the working class.
And a simple observation of their economic makeup will see things that you typically see in capitalist economies, like banks, and stock markets, and billionaires, things that are pretty explicitly the antithesis of Marxism.
Billionaires are lowering in quantity in the PRC year over year, while working class wages and purchasing power are rising year over year. Massive projects like the Poverty Elimination Campaign are successfully being implemented to directly address the needs of the people.
Further, you have no proof of the PRC lying about pubkic ownership. There aren’t hidden shadow Capitalists pulling strings, lmao, this is a conspiracy theory.
Even further, they cannot indefinitely build towards Socialism. Socialism arises naturally as long as the state continues to resolve contradictions in favor of the proletariat, as firms grow and get folded into the public sector and socialization increases. Systems are never static, which is why the proportion of the public sector is rising in China.
The presence of structures potentially contradictory to higher stages of Socialism, like banks, stock markets, and billionaires, does not mean they are not progressing towards those higher stages.
Given our prior interactions, I already know you aren’t a Marxist, why should anyone trust your evaluation of Marxism?