• Guy_Dudeman [comrade/them,he/him]
    hexagon
    ·
    edit-2
    3 years ago

    In most countries, these prices would be passed on to consumers, but Beijing tightly limits the maximum price of electricity—causing generators to reduce their supply or shut down rather than lose money.

    Why aren't these energy generators nationalized? I thought this was a communist country??

    • please_dont [he/him]
      ·
      3 years ago

      I thought this was a communist country?

      Why? Even the biggest red hardliner inside the CPC wouldnt tell you that. They openly declare and accept that they are barely entering preliminary stages of socialism adapted to chinese conditions.

      Maybe a little less attempts to dunk on them for not having fully nationalized and demarketized everything and not being in a state they wouldnt even dare to claim they are and a little more understanding and reading about what they actualy say and how they openly describe their economy and why its the way it is

    • Coolkidbozzy [he/him]
      ·
      3 years ago

      they appear to be state-owned companies that compete against each other in a market

      https://energyiceberg.com/state-owned-power-utilities/

        • vccx [they/them]
          ·
          3 years ago

          Do you know how difficult it would take to set up and maintain a command economy for 1.4 Billion people that also has to deal with the stupidity and fickleness of a global capitalist hegemony?

          China's GDP per capita is still only 2/3rds of what the Soviet Union achieved and it's already captured a massive number of global industries and labor-saving techniques used by global capital.

          The late-Soviet command economy could not overcome global capitalism, there's no reason why the Chinese should adopt it long term. The current economic structure is rooted in the early Soviet NEP and theoretical proposals by Bukharin and will be followed until economic planning, production, distribution and exchange can be properly denominated in labor hours. Which is not an easy task. The hybrid system used by the Soviets of attempting to approximate labor-time with currency produced its own problems. Black markets and contradictions were the cancer that killed the Soviet Union and it's not worth repeating their mistakes. 70 years of drastically reduced exploitation, happy lives, and the liquidation of the bourgeoisie class is not preferable to a permanently sustainable economic model that can withstand seige and encirclement by global capitalism.

          • LibsEatPoop [any]
            ·
            3 years ago

            The late-Soviet command economy could not overcome global capitalism, there’s no reason why the Chinese should adopt it long term. The current economic structure is rooted in the early Soviet NEP and theoretical proposals by Bukharin and will be followed until economic planning, production, distribution and exchange can be properly denominated in labor hours. Which is not an easy task. The hybrid system used by the Soviets of attempting to approximate labor-time with currency produced its own problems. Black markets and contradictions were the cancer that killed the Soviet Union and it’s not worth repeating their mistakes. 70 years of drastically reduced exploitation, happy lives, and the liquidation of the bourgeoisie class is not preferable to a permanently sustainable economic model that can withstand seige and encirclement by global capitalism.

            Do you have any leftist reading recommendations on Soviet planning (and its failures)?

    • SolidaritySplodarity [they/them]
      ·
      3 years ago

      This is a communist community so you might want to go read about what that is and why countries have been called communist before getting the idea that you aren't a dumbfuck on this topic at the moment.

    • cilantrofellow [any]
      ·
      3 years ago

      Might be the play? If enough stink is raised maybe they will decide to take control back. Also it might be “nationalised” but not under federal control so subject to heavy provincial corruption.