Wall Street Journal: China’s Xi Ramps Up Control of Private Sector. ‘We Have No Choice but to Follow the Party.’ 👀

  • ChairmanXi [none/use name]
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    edit-2
    4 years ago

    "This is incredibly stupid but unsurprising for Xi to commit to, and will likely backfire badly. Private businesses are the engines of economic growth and innovation. Imagine if the US government jailed Elon Musk and a whole bunch of Silicon Valley executives and told them that any disobedience or free-thinking will result in them being purged from society. I couldn't possibly imagine anything more damaging to the economy than something as insane as that.

    If China keeps that up, a whole generation of scared entrepreneurs too terrified of being ambitious, imaginative, resourceful, innovative and free-thinking will grow up leading a morbose and stagnant economy deprived of drive or motivation. Frankly in a strategic sense I welcome this greatly and hope China keeps doing this if it means the rest of the world can demonstrate why 'state capitalism' is an unbelievably stupid idea."

    Guys, Professor-Reddit(not a bit) debunked my plan, i'm not doing it anymore.

      • KarlBarx [they/them,he/him]
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        4 years ago

        This is why I'm convinced that Biden will be a boon to the communists. Imagine the economy shifting itself even more as the capitalists have to contract the social welfare programs they were forced to give us. But instead of a charismatic Obama to dull hate its decaying Biden. I mean literally the last part of gen z and gen alpha are going to grow up in the death spasm of empire. It will be far easier to be a communist than either a Neolib fuck or a fascist.

        • Sphincter_Spartan [any,comrade/them]
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          4 years ago

          Well the main issue with biden I think is that his election demonstrated that the democrats need give nothing at all to be elected, so there's no reason for them to keep tolerating any progressives in the party at all. These progressives would never be allowed to change anything, but they can be useful if they keep mainstreaming left idea that the democrats have to publicly reject. If he had lost, the democrats may have budged a little, for the sake of being elected, they won't get as much money from the rich if they're never in office after all. They would never have given much, but they might have even gone as far as an Elizabeth Warren type and tolerated some in the party who will move discussions left, out of necessity. You may be right though, thats an interesting point, definitely the only good point I've seen towards voting for biden

          • invalidusernamelol [he/him]
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            edit-2
            4 years ago

            Democrats lost 14 seats this election lol. They would have lost 35 if not for socialist endorsed candidates sweeping their elections.

            • Sphincter_Spartan [any,comrade/them]
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              edit-2
              4 years ago

              Yeah, they still need progressives to an extent, but Biden being elected without even really pretending to be progressive won't be good for them. They won't allow those progressives to gain too much ground either, we've seen how fruitless it is to try to take over a bourgeois party. They'll tolerate them only as much as they need to, for the sake of remaining the "opposition" to republicans that get plenty of donations

      • shitstorm [he/him]
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        4 years ago

        The same thing that's keeping it afloat right now, the CA government subsidizing Tesla.

    • shitstorm [he/him]
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      4 years ago

      Imagine if the US government jailed Elon Musk and a whole bunch of Silicon Valley executives and told them that any disobedience or free-thinking will result in them being purged from society. I couldn’t possibly imagine anything more damaging to the economy than something as insane as that.

      I have said this before, but the neoliberals always default to imaginary scenarios to attack the left. I'm not talking Black book of communism, but everything bad about current situations is always a strained hypothetical situation.