How is Chinese socialism different from neoliberalism? Is the main difference just lying in intent and ideology? They both believe in regulated capitalism. Chinese has its concrete goal to reach communism and Neoliberalism believes in magic hand of markets to just do good somehow?

What else am I missing? I understand it's probably a lot and that im being really reductive but this is why u ask questions ig

  • nat_turner_overdrive [he/him]
    ·
    2 years ago

    here's a quick pithy dumb guy way to look at it: america/the west does not put billionaires in prison unless they fuck over other billionaires, and even then it's rare. China locks billionaires up at the drop of a hat. Which one is more beholden to capital?

    • usernamesaredifficul [he/him]
      ·
      2 years ago

      also I was talking to a finance guy who was complaining about China regularly just ripping up contracts with western capital investors and keeps all their assets in China. They are absolutely not beholden to capital

      • nat_turner_overdrive [he/him]
        ·
        2 years ago

        Hell yeah. Fuck your contract, gweilo. They're also not interested in debt-trapping other nations like the IMF/US. If you want to call China capitalist, I'm gonna dunk on you regardless, but at least acknowledge that they ignore the wealthy when they want special privileges.