“[Capitalists] act as if they are being chased by a bear,” wrote Zhang Lin, a Beijing political commentator, in response to these comments. “They are powerless to control the bear, so they are competing to outrun each other to escape the animal.” [14]
Feel like that would’ve been a better symbol for a falling market
That's the thing though, it's all so cyclical that it basically is. It's not the symbol for a good market per se, it's the symbol for a market that's about to crash, because it's always about to crash unless it's currently crashing.
I've long been fascinated by the way it seems the ruling class unleashed the fucking Balrog when they invented this pseudo-scientific ideology, and how they themselves have no real agency. :matt-jokerfied: has brought it up several times recently too
“The economy is being viewed, affected and controlled to achieve a political end.”
[context] CIA agent talking about how evil Xi wants to make the economy good for the people of China because it makes him politically powerful.
“Chinese consumption is not driven by the government but by entrepreneurship, and the market,” Jack Ma of Alibaba said in September 2015. “In the past 20 years, the government was so strong. Now, they are getting weak. It’s our opportunity; it’s our show time, to see how the market economy, entrepreneurship, can develop real consumption.”
Ma may have thought that the times suited him, and to a degree, they did. His business continued to soar. But Xi was all the time making sure that the party grew in tandem with the economy, in both the state and private sectors. In retrospect, Ma’s comments look dangerously cocky.
Ma may have thought that the times suited him, and to a degree, they did. His business continued to soar. But Xi was all the time making sure that the party grew in tandem with the economy, in both the state and private sectors. In retrospect, Ma’s comments look dangerously cocky.
yea serious brainworms. what else should the government do but achieve political ends? one of matt's recent cushvlogs is how the distinction between "economy" and "state" is entirely fictitious
I should have double quoted the excerpt, it's as quoted in China Has Billionaires
they worship the inhuman desires of the market
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What an absolutely vile phrase
tbf Biden also has the strong belief that pot should remain federally criminalized
c'mon man, he's gonna cure cancer!
That's the thing though, it's all so cyclical that it basically is. It's not the symbol for a good market per se, it's the symbol for a market that's about to crash, because it's always about to crash unless it's currently crashing.
I've long been fascinated by the way it seems the ruling class unleashed the fucking Balrog when they invented this pseudo-scientific ideology, and how they themselves have no real agency. :matt-jokerfied: has brought it up several times recently too
that article is quite the :brainworms: stew
[context] CIA agent talking about how evil Xi wants to make the economy good for the people of China because it makes him politically powerful.
owned owned owned owned owned owned owned owned owned owned
yea serious brainworms. what else should the government do but achieve political ends? one of matt's recent cushvlogs is how the distinction between "economy" and "state" is entirely fictitious
I should have double quoted the excerpt, it's as quoted in China Has Billionaires
https://redsails.org/china-has-billionaires/
Lol, lmao even