• realitista@lemmus.org
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      1 day ago

      Well none of this (including the price) would be happening without massive government subsidies so I’m not sure here is the place to take a victory lap for capitalism due to artificially low prices designed to win market share abroad, but okay.

    • schipelblorp@sh.itjust.works
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      3 days ago

      The United States greatly prefers that corporations be in charge of the government to government be in charge of corporations.

        • doben@lemmy.ml
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          2 days ago

          That‘s a reach, if I ever saw one. China lifted more than 800 million people out of poverty, and in fact eradicated poverty at all. Last I heard, their standard of living just closely missed being in the high income countries category. Their trajectory is in complete contrast to the declining Western empire.

          China is better at capitalism, because it‘s their only play to stay sovereign and overcome this predatory system completely. They have to prove to the capitalist world, that their system and long term development is superior and it‘s only beneficial for the world to follow their transition towards socialism to enable prosperity for all humankind, not just the global north. Not gonna happen under capitalism, especially not under the US or the EU.

          Thank you for coming to my TED Talk.

          • mgenehoffman@sh.itjust.works
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            1 day ago

            This is just not true for an enormous number of people. The wealth disparity is striking. The ones who are making it are making it, but it is nowhere near everyone.

            • Cowbee [he/they]@lemmy.ml
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              21 hours ago

              Disparity is rising in China with the development of the private sector, but it is fundamentally true that the CPC primarily focuses on developing the living conditions for the working classes:

              Essentially, capitalists are winning the most, but the CPC ensures that more than anything the lives of the working classes are focused on. Additionally, as the private sector grows, it gets increasingly controlled and subsumed into the public sector. The privledge capitalists have rest on a dying basis because their purpose is to facilitate development towards higher levels of socialism, through developing the productive forces more rapidly. This is the tradeoff China made, and its working.