this post was submitted on 21 Apr 2024
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'Capitalism is the worst from of economy, except for all those other forms that have been tried from time to time.' - modified Winston Churchill quote. While I know how I use the quote in my head isn't how Churchill intended, to me it means don't settle for something just because it's the best option that's currently available.
The sheer amount of ignorance required to believe this is equal parts astounding and depressing. Here's what currently existing options to this despotic system are currently achieving 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
Ok pal slow your roll. I'm on your side and you're right. I said what I took from his quote not what it actually means and definitely not how it's used in pop culture. I know what it means. You can call me lazy, cause I don't bother to really explain myself well online, but please don't call me ignorant. You come across as looking for a fight and that doesn't make me want to actually engage you in a serious discussion.
Wow amazing, industrialization lifts people out of poverty... never would have realized. The problem with China is that currently, akin to the later stages of the USSR, they're only redistributing the wealth insofar as that means reprivatizing and consolidating in new hands, not actually redistributing from the wealthy minority to the majority, but creating a new wealthy minority.
Weird how industrialization isn't lifting people out of poverty in places like India the same way. Wonder what might be different. Maybe a smarty pants such as yourself could enlighten us. 🤔
A far right corporatocratic government that makes exactly zero effort to help the people? I'm not saying China is exclusively bad. The USSR was the only 'country' able to successfully play catch up with the west industrially. The problem is when the authoritarian government get old, realize they don't own anything to secure their families' continued lavish lifestyle, and reprivatize. I literally went to school with a guy whose grandpa was pals with Mao. Guess whose family is now worth billions and lives a lavish lifestyle in a mansion in Northern China?
I'm not trying to argue socialism is bad, just that it can't be achieved by an authoritarian government to significant effect.
That's where the value of democratically achieved socialism comes in, but it would have to be somewhere with an incredibly secure democracy and secure economic status, as the capitalist (elite) forces from outside and within will always work to destroy/impede socialism.
meanwhile in the real world 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
Authoritarian is a nonsensical term, every government holds authority by virtue of having the monopoly on violence, the only question is whose interests the government serves.
again, welcome to the real world https://pubmed.ncbi.nlm.nih.gov/25495509/
China already has democratic socialism. Only westerners pretend otherwise.