• ghost_of_faso2@lemmygrad.ml
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      edit-2
      8 months ago

      Just because one socialist project collapsed (under intense seige of most global super powers) doesnt mean all are doomed to fail, or not worth pursuing.

      The chinese socialist project lives and is thriving, its not in an 80s death spiral like the USSR, its actually pulling ahead of america and is now the biggest economy on the planet due to socialist planning; this enables it to keep wages low due to the fact houses are all owned by the workers.

      Like in Shenzen, rent is 80% lower than in London on average; if you imagine how that reduces labour costs, when you dont need to pay rent. It increases competitveness. Shenzhen is also a much nicer city than London.