Ah, the true path to socialism!
Ah, the true path to socialism!
Ah, the true path to socialism!
If factories in your country have suicide nets, maybe you aren't doing socialism right.
For what it's worth, I picked up on the sarcasm. 🤣
Not making a point here, I just like numbers:
China has a population of ~1.4 billion
China has 698 billionares
China has the one billionare for every 2,005,730 people.
United States has a population of ~340 million
United States has 724 billionaires
US has one billionaire for every 469,613 people.
Edit: I like numbers. I don’t like Reddit/Lemmy formatting.
I think it'd be better when adjusted for GDP.
China gdp: $17.96 trillion
China has 1 billionare / $25.73 billion GDP or 1 billionare / $18.22 GDP / capita
US gpd: $27.94 trillion
US has 1 billionare / $38.59 billion GDP or 1 billionare / $114.88 GDP / capita
Ohhhh numbers. Very yummy.
Wouldn't a lower number of billionaires to a higher amount of profits be more favorable to everyone except billionaires? So that particular example actually favors the system in the USA, oddly.
Of course, GDP only accounts for excess goods and services sold to other nations, which for the USA includes financial services like trading platforms and exchanges, heavily skewing their actual production capacity.
Hell / yeah / brother
This isn't reddit. -3.14
Force of habit
It's worth noting, though, that this doesn't take into account the levels of inequality beyond comparing numbers of billionaires/non-billionaires.
The Gini coefficient is a popular method of measuring economic inequality, on a scale from 0 (total equality) to 1 (one person owns the entire nation's wealth).
As of 2019, the US and China had Gini coefficients of 0.481 and 0.465 respectively, making them extremely similar in overall wealth inequality, which is extremely high for both nations.
Ooohhh.. new types of numbers…
Tonight, we feast..
you are being generous if you think your average reactionary will understand such a heavy concept of per capita
I’m not trying to make anyone understand anything, I just like numbers.
It's a good thing that all that time and resources and blood was spent making the CCP the only instrument of significant political power in China so they could [check notes] as a much-poorer country, have about the same number of billionaires as the poster country for capitalism!
Power to the people('s billionaires)!
Only reactionary I see here is.. you.ml
Yup China has the fastest growing billionaire and millionaire class. It's no more socialist than America but we need a boogy man, as long as that antagonist isn't capitalism the wheels towards the cliff will keep turning.
Do you think it’s socialism that makes the US establishment wary of China?
Honestly, not really anymore.
Biden has saved socialists from Far-Right Coups
It really seems that the U.S. is growing more accepting of international socialism, as long as it's democratic.
No, but it's a convenient drum to beat for the right-wing.
Absolutely not. If you look hard at the colonialist shitfuckery the US perpetrated during the (so-called) "Cold War", "socialism" was only the enemy as far as the propaganda and pretexts were concerned - in reality, the insurgencies the US tried to repress and the governments the US undermined were all nationalist in nature.
The US isn't threatened by socialism because the US defeated any internal socialist threat with Roosevelt's New Deal - whether they will do that again is anyone's guess.
It's an incorrectly framed question, I think. China doesn't have real, by definition, socialism. If they did then maybe the "US establishment" would come out against it. They're definitely against the Chinese brand of authoritarian socialism, though, but in that example the term socialism and China mean the same thing so you can't be wary of the thing because it's the thing, thats circular logic.
It's an authoritarian country where labour unions are illegal and the ruling party is dominated by wealthy billionaires. They spew out xenophobic propaganda that claims that foreigners want to repeat the humiliations of the past (over a century ago) and therefore they need strongmen to protect the people.
We probably should just call them fascists, but since they say they're socialists we believe them. Fascists would never claim to be socialists, they're known to be super honest about that kind of thing.
Labor unions are not illegal. They send a packet of meats to my girlfriend every year. The problem is that this is that only thing they are allowed to do
Labour unions are illegal? I saw from non-chinese ppl that live there they have strikes all time. Can you provide a sauce?
Global politics in 2024 is pretty much western fascism vs eastern fascism
South, middle, north, periphery, western & eastern citizens suffer
Post this at another instance that I shall not invoke by name, watch yourself get deleted and maybe even banned.
No way, tankies would never do this /s
hexagonal ursine?
Something bear right?
China is not socialist no matter what they say.
Can you provide more context? Im very confused after skimming the first few paragraphs
It's a stupid comment practice where they claim ownership of their comment and place what they think is a binding and effective license against AI using that comment.
It literally does nothing. This is the modern equivalent of making a post on Facebook to assert that you have rights and control of your comments there.
Beyond the tools for editing and deletion you have no such rights in the Fediverse and it's a good way to demonstrate you don't understand how anything works.
Nothing stops anyone or any entity from indexing, ingesting, or scraping federated content.
They put that link in all their comments. It's got nothing to do with what they say.
It's simple: China is an ultra-capitalist nightmare county and anyone who disagrees is either a liar or a fool.
All the .ml users showing up to explain that actually real socialism is supposed to produce billionaires, because of reasons.
I mean you could argue an end goal is every person having the effective wealth of a billionaire in terms of being able to have what they need right when they need it and being able to enrich their lives without worry for losing money that might be needed for an emergency later, but that specific stretch point is so far into a post scarcity future it is only a slight exaggeration to say it's literally the "Fully Automated Luxury Gay Space Communism" meme but as an actual civilization.
the “Fully Automated Luxury Gay Space Communism” meme but as an actual civilization.
We have that. It's called The United Federation of Planets.
Truth is, the number was once well over 698.
Ask Jack ma what happened.
Hate to spoil the fun but as of this year Ma is still heading Alibaba and is worth over $30bn USD.
Socialism: A system of government where the country's wealth is concentrated into a small, ruling class of billionaires, who use the media they own to keep the lower classes fighting with each other while they . . . the rich . . . run off with all the farking money.
Oh wait. that's capitalism. I don't know how I got those two systems confused.
Since China's economic reforms in the 1980's, 700 million Chinese people have been lifted out of poverty, accounting for three quarters of worldwide poverty reduction during that time.
Do people here think China should've continued Mao's economic policies? Or do you think the correct path is somewhere in between Mao and Deng? Or are y'all just looking to criticize China regardless of what they do or what the results are, to performatively demonstrate your loyalty to the US government?
You don't have to answer that. I've asked it many times and I know none of y'all have an answer to it, beyond calling me a bot or foreign agent, to avoid the question and to performatively demonstrate your loyalty to the US government. I'd love for someone to prove me wrong, but I also know it won't happen.
Lemmy.ml user doesn't understand that there are more than two options for China, and their people can do better than either bad or very bad
A tale as old as time
How about keep the system, but stop trying to pretend it's not primarily capitalism
Interesting, how do you feel about uyghurs? Also, are you aware that some of these people "lifted out of poverty" were folks in rural areas who were totally fine where they were at. I'm not a big fan of the US government either or other bodies that seriously impinge human rights. I think a correct path forward for China economically is somewhere close to where they're at now but with more civil liberties.
Also, are you aware that some of these people “lifted out of poverty” were folks in rural areas who were totally fine where they were at.
That's... certainly a take, alright. I suppose it's possible that hundreds of millions of rural Chinese were voluntarily choosing to live in extreme poverty out of some sort of commitment to asceticism. I'll admit that this was not a possibility I had considered before.
I think a correct path forward for China economically is somewhere close to where they’re at now but with more civil liberties.
So then the billionaires aren't the problem you have with China then, if I'm understanding you.
I mean that's a decent point. More government involvement in the economy, strong regulatory oversight, can stop capitalism from becoming destructive. It's just that even China's level of government intrusiveness isn't enough.
It used to be more intrusive. Personally, I think they're better off for having toned it down.
Government is not the workers or the people. It's the government, the elite ruling class.
If Earth is ever invaded by brain-eating aliens, I'm going to advocate presenting you as our envoy so they think there's no food here.
Lemmy world and being politically illiterate. Name a better duo.
Lemmy world and being politically illiterate. Name a better duo.
True political literacy is understanding that the PEOPLE'S billionaires are what the REAL path to socialism looks like!
Why is Winnie the Pooh dressed like a sexual predator?
The two are hardly mutually exclusive....oh, bother....
I hear there's a major sex-pest issue in the pro-china industry.
I keep seeing this term, can you translate it to American? Is it referring to anyone obsessed with sex, or specifically people who commit sexual assault?