Also he is a libertarian

  • UglySpaghettiHoe [he/him]
    ·
    4 years ago

    Econ profs are absolutely blinded by ideology. Everything will plateau at some point of course, but how could you possibly think China will reach it's growth ceiling in just a few years. They are just hooked on that sweet sweet :cope: and can't accept that socialism out preforms capitalism under capitalism's own guidelines for success

      • UglySpaghettiHoe [he/him]
        ·
        4 years ago

        Then China started filling them and everyone just wiped that criticism from existence like they never said it. Gotta keep our enemy looking as incompetent as a Saturday morning cartoon villain

      • LeninWalksTheWorld [any]
        ·
        edit-2
        4 years ago

        turns out those empty cities were a really good idea once china's urbanization boom really took off. Now there's already houses and everything for those people where the jobs are. In socialist america we really should do something similar to handle the climate refugees, get them housed and working immediately to prepare for the next wave of migrants.

      • CyborgMarx [any, any]
        ·
        edit-2
        4 years ago

        China is socialist only to the extent that it's state capitalist economy is in a 'Transitional' state, that's where the debate actually lays, and the transitionalists can point to China's radical violations of global capitalist conventions and consensus as proof of this long term "shift" toward DotP

        Of course the debate is hardly settled, but what "educated economist" would look at China's developmental strategy of regional experimental state control on the level of municipalities and conclude "yeah these folks hate economic planning and government ownership"

        • zifnab25 [he/him, any]
          ·
          edit-2
          4 years ago

          Ok, sure. But have you considered that everything before Deng's privatization reforms were a failure and everything after Deng doesn't count?

              • RedDawn [he/him]
                ·
                edit-2
                4 years ago

                In the Communist manifesto among other places.

                The proletariat will use its political supremacy to wrest, by degree, all capital from the bourgeoisie, to centralise all instruments of production in the hands of the State, i.e., of the proletariat organised as the ruling class; and to increase the total productive forces as rapidly as possible.

                  • RedDawn [he/him]
                    ·
                    4 years ago

                    The quotation I gave you was, first of all, not one of the numbered demands like a graduated income tax schedule but in fact one of the "general principles" which are "as correct today as ever", and the Communist Party of China seems to be well aware of the fact that the practical application in China depends on the historical conditions existing in China, they've formulated their entire approach to implementing socialism on that very idea. That's why they call their economic system Socialism with Chinese Characteristics. Calling their system just "capitalist" kind of ignores some fundamental questions about how an economy operates. Who is making the decisions in the economy, for the benefit of whom and at the expense of whom?

                      • RedDawn [he/him]
                        ·
                        4 years ago

                        Is the Norwegian state a tool of the Norwegian proletariat or of the bourgeoisie? Your problem is you're trying to remove class from the analysis of how the state functions. That's especially apparent with the dim-witted comparison to Nazism which operated the economy in favor of the bourgeoisie at the expense of the working class, it's literally the opposite thing. but when you have no class analysis all you see is "authoritarianism, theyre literally the same as Nazis".

                        Funny how you literally quote Marx saying that the implementation of socialism will depend on the historical conditions of the country, then in the very next comment hand wave away "talk of material conditions" as if it doesn't matter, as if the material conditions of the working class haven't improved at a nearly miraculous pace in China, in stark contrast of the conditions in capitalist countries over the same time. Like sorry Xi, it doesnt matter that you're eliminating poverty, you haven't dissolved the state after abolishing the commodity form, therefore you're a dirty capitalist.

                        The good thing is that it doesn't really matter how many western leftists keep spouting this nonsense, the tens of millions of Chinese communists will continue building socialism without even knowing or caring about these internet leftists seething about it.

              • CyborgMarx [any, any]
                ·
                edit-2
                4 years ago

                Also how would you decide what is “genuinely transitional” and what is it transitioning to?

                Organizational structures that undermine the modern logic of private capital accumulation and elevates worker and community ownership of the means of productions either thru local representative bodies or direct control, eventually leading to the abolition of commodity form, that's what I mean by transitional

                China's regional devolution policies toward local municipal representative party control of state owned enterprises points to an outline of a transitional state in its early stages

                Between capitalist and communist society there lies the period of the revolutionary transformation of the one into the other. Corresponding to this is also a political transition period in which the state can be nothing but the revolutionary dictatorship of the proletariat.

                Marx, Critique of the Gotha Program (1875)

                Not saying this is what China is, but if a vague outline of this transformation does develop because of Chinese regional devolution, well bucko we're in business

                • invalidusernamelol [he/him]
                  ·
                  edit-2
                  4 years ago

                  As much as it's memed on, one of the primary contradictions of socialism/communism and command economies built on those principles (USSR) is literally "communism no iPhone". We as workers under bourgeois dictatorship and exploitation can see that it's all a lie, but those living in the USSR genuinely wanted Western consumer goods.

                  The productive forces of the Soviet states weren't really designed for that sort of consumer production though as they were developed for war and siege. This led to a massive lack of consumer goods and the formation of huge black markets to fulfill the demand that the state couldn't.

                  China saw this and attempted to solve it by just getting all the western companies to build their consumer goods factories there. Which so far seems to have worked really fucking well...

                    • invalidusernamelol [he/him]
                      ·
                      4 years ago

                      Marx was fucking wrong about so much lol, especially when it comes to actually running a socialist society against capitalist encirclement. His theories of revolution never panned out, as he saw revolution as starting in the industrialized core and propogating outward (which would have prevented imperial intervention in burgeoning revolution in the colonized world).

                      Maybe don't treat the writings of a 200 year old theorist who never saw socialism so dogmatically. Also once again, I'm asking ultras to please look at living conditions for once in their lives. Maybe even talk to some fucking working class people or the 95% of Chinese citizens who support the decisions of the Communist party.

                        • invalidusernamelol [he/him]
                          ·
                          edit-2
                          4 years ago

                          I'm in no way a Chinese nationalist lol, I just think their progress has been good and the CCP is still a socialist institution that genuinely is pursuing communist ends. Marxism is important, but Marx was just a man. His writings were descriptive and very predictive, but in no way prescriptive. Marx wrote about capitalism it's development and without his writings, we wouldn't have the language that worked to well to organize the working class and initiate revolutions across the world.

                          The main reason I don't see China as a failed socialist project is because there are tons of existing failed socialist projects. Most of Eastern Europe, parts of the Middle East, South America, Africa, have revolutions that failed and reverted to capitalism. One commonality in these failed revolutions is a massive reduction in quality of life, wages, lifespan, healthcare, and satisfaction with the government. As well as expansion of violent police state and destruction/privatization of public works. None of which is happening in China.

                          So either China is a huge outlier in the large list of examples of failed socialism, or they're still following socialist principles in some way.

                  • CyborgMarx [any, any]
                    ·
                    4 years ago

                    far from undermining “modern logic of private capital accumulation” has helped capitalism by providing a huge new market for labor and commodities

                    It's also provided the Chinese Communist Party with enormous economic leverage and industrial capacity, you really can't see any advantages to this arrangement?

                    Why? Because Huawei is a co-op? Or because some Chinese factories are state owned?

                    You're describing the tail end of the devolution strategy, which capitalists in China take advantage of on the national scale, I'm specifically referring to the regional and municipal scale of organization which the Chinese state takes advantage of to guide national level industrial/infrastructure policy, if the transition happens, it's gonna happen on the local level not the national/state level

                    even this is not true, as the level of state ownership is declining in terms of assets, employment and profits

                    What did you think I meant when I said devolution?

                    Once again, transition towards what?

                    I already told you, theoretically towards DotP, like I literally said that

                    and even if they were growing, what would they transition to?

                    DEVOLVED MUNICIPAL WORKER LEAD COOPERATIVES OR INDUSTRIAL COMBINES....that would eventually lead to DotP

                    or do Marxists call that rank opportunism and have railed against it for 150 years?

                    They also correctly railed against idealistic utopianism

                    Socialism is when the state delegates control of capitalist firms to smaller authorities.

                    If those smaller authorities directly represent the workers then yes, again that's where the debate lays, it's not about having fAitH it's literally just me laying out the framework of THE DEBATE, it could go either way

                      • CyborgMarx [any, any]
                        ·
                        4 years ago

                        Use those last "IQ" points to read theory, specifically Marx's critiques of the Paris Commune, you'll understand where I'm coming from then, you almost got it keep it up :cool-dad:

      • space_comrade [he/him]
        ·
        4 years ago

        I know there is a struggle session abt whether they are a DotP or not, so Im going to ignore that to avoid getting banned for sectarianism.

        You're gonna ignore that but the rest of your comment is literally about that lmao.

  • bananon [he/him]
    ·
    4 years ago

    Even in his cope scenario China is at the top

    • CarlTheRedditor [he/him]
      ·
      4 years ago

      This is El Presisente winning the rigged Tropico elections by 97% rather than 100%. That 3 point difference is how you know it's real!

    • infuziSporg [e/em/eir]
      ·
      4 years ago

      Somehow the USA is increasing its share of global GDP after 2040, despite having less than 4% of the world's population by then.

  • Washburn [she/her]
    ·
    4 years ago

    "Alright, so, the absolute MOMENT that we no longer have recorded data to use for this graph, my team will start winning, and the guys I don't like start losing. But you commies wouldn't know anything about basic economics like that, heh."

    • Jadzia_Dax [she/her]
      ·
      4 years ago

      the instructor started on some bullshit about how China was going to overtake the US in a decade, but with COVID it’s going to be like 5 years now

      They’re not wrong.

    • emizeko [they/them]
      ·
      4 years ago

      there hasn’t been a time where there’s been more than one superpower in the world.

      quality education from quality educators

    • Express [any,none/use name]
      ·
      4 years ago

      It’s just China vs US demographic curves. China is going to shrink a bit in the mid 2030s and the US will grow during that period off current projections. What happens in reality is anyone’s guess. China isn’t as stable as people generally think of it as here, it could actually open up immigration, some new tech skews global power on a wild course and the US could just implode. 2030 is a long ways away still.

      • MemesAreTheory [he/him, any]
        ·
        4 years ago

        And tbh the race for an advanced AI cannot be downplayed. It's a bit of a winner-takes-all situation that could radically change the world order. All the better reason to have socialized ownership of production to prevent slipping further into a tech oligarchic nightmare.

    • QuillQuote [they/them]
      ·
      4 years ago

      lmfao this motherfucker didn't use math he just drew colored lines :michael-laugh:

  • LibsEatPoop3 [he/him]
    ·
    4 years ago

    Suuuure.

    Also, this is why I don’t wanna take any econ classes. All the profs/students seem real annoying.

      • Punk [he/him]
        ·
        4 years ago

        "Falling rate of profit? Never heard of her."

        • MemesAreTheory [he/him, any]
          ·
          edit-2
          4 years ago

          "You see, that motivates firms to innovate and become more efficient. Those savings are reaped by society. What? Justice and distribution? Innovation is not always productive but can include rent seeking and anti-competitve practices instead of efficiency? No no, those are questions for the political science or philosophy department. We're a descriptive discipline, not normative. Now let's get back to how cost-effective it is to deprive the poor."

  • LeninWalksTheWorld [any]
    ·
    4 years ago

    "huh china seems to be dominating america on this economic graph I drew, that can't be right. I've checked the data so many times though... for some reason it's not saying china bad. That's okay, I'll just fix the numbers to account for american exceptionalism"