China is a socialist state that established the dictatorship of the working class
Weird, because I don’t seem to think there’s any of the working class liberated there, like at all?
Just more capitalism. When do you think there will be some working class liberation there?
I wonder what goes through your mind when you say state capitalism
I imagine a system that is capitalist, and ran fully by the state, at the best of oligarchs. Which is exactly what China is.
Capitalism is a system where the means of production are privately owned, and people who own the means of production exploit the workers who sell their labor to increase their wealth.
Yep, China ticks all of those boxes.
In contrast, state owned industry does not exist to create wealth for a capital owning class, and the work that’s done has direct social value.
Ah yes, we should let all the people of China know that all that wealth is actually theirs, and they are fit to use it as they deem fit, even if Xi disagrees.
It’s quite obvious that you have not based on the fact that you don’t understand the basics of the subject you’re debating.
Get back to me when China actually liberates anyone in the working class.
Weird, because I don’t seem to think there’s any of the working class liberated there, like at all?
That’s because you’re utterly clueless on the subject and speak out of ignorance.
Just more capitalism. When do you think there will be some working class liberation there?
It already happened as a result of the revolution. One only has to compare the development path of China to actual capitalism states to see that it’s socialist. These kinds of things do not happen under capitalism.
The real (inflation-adjusted) incomes of the poorest half of the Chinese population increased by more than four hundred percent from 1978 to 2015, while real incomes of the poorest half of the US population actually declined during the same time period. https://www.nber.org/system/files/working_papers/w23119/w23119.pdf
By the end of 2020, extreme poverty, defined as living on under a threshold of around $2 per day, had been eliminated in China. According to the World Bank, the Chinese government had spent $700 billion on poverty alleviation since 2014. https://www.nytimes.com/2020/12/31/world/asia/china-poverty-xi-jinping.html
In fact, we can directly compare to how things are progressing in India to see what capitalist path of development looks like.
I imagine a system that is capitalist, and ran fully by the state, at the best of oligarchs. Which is exactly what China is.
It’s not, and if you actually bothered to learn about China you’d know that. You can start by reading the book I linked above.
Yep, China ticks all of those boxes.
It doesn’t as you can clearly see above. The problem with trolls such as yourself is that you just continue to repeat nonsense confidently and refuse to engage with reality.
Ah yes, we should let all the people of China know that all that wealth is actually theirs, and they are fit to use it as they deem fit, even if Xi disagrees.
The fact that you think that Xi runs China unilaterally once again shows just how ignorant you are on the subject. You don’t even understand the basics of how a political system works.
Get back to me when China actually liberates anyone in the working class.
They already have, but you don’t care about actual facts of the situation because they don’t fit with your demagogy. Bye.
Weird, because I don’t seem to think there’s any of the working class liberated there, like at all?
Just more capitalism. When do you think there will be some working class liberation there?
I imagine a system that is capitalist, and ran fully by the state, at the best of oligarchs. Which is exactly what China is.
Yep, China ticks all of those boxes.
Ah yes, we should let all the people of China know that all that wealth is actually theirs, and they are fit to use it as they deem fit, even if Xi disagrees.
Get back to me when China actually liberates anyone in the working class.
That’s because you’re utterly clueless on the subject and speak out of ignorance.
It already happened as a result of the revolution. One only has to compare the development path of China to actual capitalism states to see that it’s socialist. These kinds of things do not happen under capitalism.
90% of families in the country own their home giving China one of the highest home ownership rates in the world. What’s more is that 80% of these homes are owned outright, without mortgages or any other leans. https://www.forbes.com/sites/wadeshepard/2016/03/30/how-people-in-china-afford-their-outrageously-expensive-homes
Chinese household savings hit another record high in 2024 https://www.wsj.com/livecoverage/stock-market-today-dow-jones-bank-earnings-01-12-2024/card/chinese-household-savings-hit-another-record-high-xqyky00IsIe357rtJb4j
The real (inflation-adjusted) incomes of the poorest half of the Chinese population increased by more than four hundred percent from 1978 to 2015, while real incomes of the poorest half of the US population actually declined during the same time period. https://www.nber.org/system/files/working_papers/w23119/w23119.pdf
From 1978 to 2000, the number of people in China living on under $1/day fell by 300 million, reversing a global trend of rising poverty that had lasted half a century (i.e. if China were excluded, the world’s total poverty population would have risen) https://www.semanticscholar.org/paper/China’s-Economic-Growth-and-Poverty-Reduction-Angang-Linlin/c883fc7496aa1b920b05dc2546b880f54b9c77a4
From 2010 to 2019 (the most recent period for which uninterrupted data is available), the income of the poorest 20% in China increased even as a share of total income. https://data.worldbank.org/indicator/SI.DST.FRST.20?end=2019&%3Blocations=CN&%3Bstart=2008
By the end of 2020, extreme poverty, defined as living on under a threshold of around $2 per day, had been eliminated in China. According to the World Bank, the Chinese government had spent $700 billion on poverty alleviation since 2014. https://www.nytimes.com/2020/12/31/world/asia/china-poverty-xi-jinping.html
Over the past 40 years, the number of people in China with incomes below $1.90 per day – the International Poverty Line as defined by the World Bank to track global extreme poverty– has fallen by close to 800 million. https://www.worldbank.org/en/news/press-release/2022/04/01/lifting-800-million-people-out-of-poverty-new-report-looks-at-lessons-from-china-s-experience
In fact, we can directly compare to how things are progressing in India to see what capitalist path of development looks like.
It’s not, and if you actually bothered to learn about China you’d know that. You can start by reading the book I linked above.
It doesn’t as you can clearly see above. The problem with trolls such as yourself is that you just continue to repeat nonsense confidently and refuse to engage with reality.
The fact that you think that Xi runs China unilaterally once again shows just how ignorant you are on the subject. You don’t even understand the basics of how a political system works.
They already have, but you don’t care about actual facts of the situation because they don’t fit with your demagogy. Bye.