• FidelCastro [he/him]
      ·
      edit-2
      3 years ago

      :deng-smile:

      "Yes, funnel all of your money into our banking system. We are much more stable than the US."

      • iminsomuchpain [he/him]
        ·
        3 years ago

        For someone completely ignorant of Dengist thought, can you give a sense of how this works? Is this somehow a trap...? Could use an admiral ackbar emoji right about now

        • Nagarjuna [he/him]
          ·
          3 years ago

          It's not a trap, it's just China being better at capitalism because Marxists understand capitalism. The idea that China's going to go socialist anytime soon is a pipedream unless there's a second cultural revolution, and this time the army doesn't step in.

          • iminsomuchpain [he/him]
            ·
            3 years ago

            So if the Chinese are pretty much set on being capitalist in the near term, why are socialists supportive of them? I can understand the importance of a meaningful challenge to American hegemony but is that the only reason? Sorry for my ignorance, not really sure what reading to do to fill in these gaps in my understanding.

            • Nagarjuna [he/him]
              ·
              3 years ago

              They're doing capitalism in a way that's raising people out of poverty. Their rapid industrialization is creating a multi-polar world, which historically, has been good for workers rights globally. They tend to negotiate kinder terms in international lending than the US or Europe.

              There's also this bizarre assertion that Chinese liberalism is tricking capitalists into investing in China so that in 30 years they can socialize it all and implement socialism.

        • jackmarxist [any]
          ·
          3 years ago

          The west is coming after china next. No way they will allow loopholes in their hegemony.