Love how the exact same thing is now being said about the US lmao (the collapse part at least), I LOVE the media machine
China will be the best country in the world the same day fusion reactors will be available. Always in ten years. No matter when you read this.
Ten years from now, China will be in freefall down. Demographics.
China is following the playbook of Japan, South Korea, Taiwan and similar countries. The all used window guidance to quickly grow targeted industries, which actually worked very well. All of them are wealthy countries today. However that dependence on how good the window guidance is. They take on a lot of debt to invest and it only works as long as the investment is actually smart. If not the debt increases and that causes massive problems down the line. So it creates a bubble and when it pops it hurts badly. After decades of growth those bubbles probably are nasty.
What no theory does to a mf
What theory?
Political Economy, ie Marxism.
China isn’t Marxist so I’m confused wtf that has to do with anything.
Much like the US, they can simultaneously have an economy that SHOULD collapse, but also be so ingrained in global trade that nobody is actually willing to call them to the carpet.
If China were Greece, they’d probably have gone bankrupt multiple times already.
What exactly does “should” mean in this context? Either it does it it doesn’t, and saying it “should” just sounds like saying reality is wrong for not conforming to your economic theory.
An evil authoritarian regime that is committing human rights abuses and does not follow democratic norms … but we’ll do billions of dollars worth of trade with them and base a lot of our industries around trading with them. But they’re still evil.
Yeah that tracks, same with Saudi Arabia and Israel.
Being aware of America’s abuses of power is good. Being contrarian and acting like everything they’ve ever said about China is a lie is bad.
its communist, but they’ve got billionares
Dialectics?
huh
Dialectics in this context refers to the aspects within the Marxist philosophy of Dialectical Materialism for the analysis of contradictions, and the direction they are resolved in. Billionaires within Socialism are a contradiction, therefore whether the state supports or works towards eliminating the foundations for them is what needs to be analyzed. I answered in another comment more about that.
Its run by the communist party, whose purpose is guiding the country to communism and self dissolution; which has necessitated not skipping over the industrial and consumer revolutions, both of which likely require capitalism, but in any case have been done with capitalism so that path is easier and known, allowing them to benefit from the waste from less competent countries.
Or in other words, they’re the only country in history to execute billionaires, whatever they are is objectively better than the US or EU.
To get terminology out of the way, they are building towards Communism through Socialism, ie an economy where public ownership is the principle aspect of the economy. In other words, large firms and key industries are overwhelmingly publicly owned, so the Bourgeoisie doesn’t have power over the state.
Now that terms are out of the way, you’re correct, China does have billionaires. Even though that number is decreasing in recent years while working class purchasing power and wages are rising, that isn’t enough of an answer as to why they still exist. Billionaires represent a contradiction the CPC must resolve. But how is the best way to go about that? What time scale? The CPC’s role is to gradually resolve contradictions within Socialism in favor of the Proletariat in any inter-class dispute. They have to erase the foundations for billionaires, not the billionaires themselves.
I recommend checking out China Has Billionaires. The important thing to understand is that contradictions exist in all systems, and it is the process of working out these contradictions that provides room for advancement.
you know I’ve been ignoring pretty much everything you say after you said that NK is a good country
Only shitlibs would proudly announce that they stick their fingers in their ears
do you think NK is a good country?
Do you think proudly announcing that you refuse to engage with anything that challenges your beliefs makes you look good?
do you think NK is a good country?
Do you think proudly announcing that you refuse to engage with anything that challenges your beliefs makes you look good?
Feel free to keep letting me ratio you then 👍
Also, pretty sure you’re referring to me talking about the USSR, not the DPRK, so you can’t even get your talking points straight.
Fair, I still have a lot of learning to do about Korea. I’m familiar with the basics of Japanese Imperialism, US intervention post-World War II, and then the general outline of the Korean War (including the devastation it brought on the Korean people) but beyond that I’m not very well-versed. It’s an area I’d like to study further.
Thanks, comrade!
Its 2025. Language has evolved further than ‘ratio’
Rhetorically and factually trounce, then? Destroy, in the marketplace of ideas? What term would you prefer to describe your use as a springboard for me to bounce pro-Marxist ideas off of?
“Imminent collapse” is a fairly common theme among modern economies
imminent collapse is a fairly common theme among anything we’ve learned to engineer fairly well… if a bridge isn’t in imminent danger of collapse under its theoretical maximum loading, it used too much material and was thus over-built which means fewer bridges for people
if an economy isn’t in imminent danger of collapse then it’s resources aren’t being used efficiently and that means fewer luxuries - and bridges - for people
We haven’t learned to engineer economies well.
At least no country leaders have.
