A Chinese programmer died in hospital after fainting while working at home late last year.Gao Guanghui (transliterated), 32, allegedly died of cardiac arrest, leading his family to believe that he died from overwork.According to Chinese media, he was promoted to department manager recently and had consistently been working long hours prior to his death.In addition to programming tasks, he was...
Pick a comment and it probably is one of these two
China is actually a socialist democratic state, that is the political doctrine, their party was formed by marxists and communists but this applies to all current socialist states when looking at the origins of their governing bodies and the creation of those states. For the economic doctrine, they just really used their head and created a very well executed model that is relatively new in economy.
It’s usually called a social market economy and it uses the best traits capitalism can offer for growth and scale whilst containing it so it remains innovative and improves the economic situation of it’s citizens. It’s well secured to not allow internal corruption (see what happened when Jack Ma thought he was as polically powerful as US billionaires) and structures like state councils to approve or refuse mergers if they deem it attempts at building monopolies. Wether it will fail or not, all economic models have always had one thing in common; they are born, change through time, evolve and die eventually. That is their only common trait aside from their fundamental nature in being ideological systems to manage ressources. Capitalism may die within the next 100 years if the trends of what has happened in the last 20 years keep themselves up but yeah, it should not be dismissed because of the historical chinese/western frictions.
It’s insane to be that you claim it doesn’t allow internal corruption when China is a very corrupt system.
There may be good systematic economy foundations, I can’t speak much about those, but if they’re not applied to everyone and just then it’s besides the point.
Thanks for sharing! Love those #llm responses; just a tad biased, but so balanced and well-worded!
China produced more billionaires than the US this year. The only way they accomplished this is to allow unfettered capitalism which is very evident. There is no going back and the billionaires will be calling the shots before to long. They are just another fascist nation at this point and the fourth/fifth largest producer of weapons to boot.
Nah…Jack Ma tried to fuck around with government and they shut him down.
Oh you mean one wealthy person tried to fuck with other wealthy people’s money? I don’t think this example is what you think it is. Old money versus new money conflicts are pretty common and Jack found that out the hard way.
The difference between Chinese billionaires and American billionaires is that the Chinese ones are owned by the government. To set up any company in China requires part government ownership of, I think, 15%.
There is no way the billionaires are calling the shots, ever, while Xi is in power. As if he would allow what’s happening in America, happen in China.
Remember what happened to the CEO of Alibaba? Jack Ma? When he became rich enough to potentially take over the country?
Much like Putin and the Russian oligarchy, who they either play with him or be shown the window.
Lol sure, they won’t be calling the shots. I think you forget how capitalism works.
What happens when there are a thousand billionaires? The government is not going to round them all up. Naw, they are going to call the shots.
Already corporations keep getting more and more regulations and laws written at their request. It is already happening and will continue to accelerate.
Welcome to the fascist world.
But China isn’t a crony capitalist country like America. The money is set up to always favour the government over there.
Things are the way they are in places like America because the government exists because of the billionaires (bribery, lobbying etc). In places like China, the billionaires exist because of the government (surveillance, prison sentences etc). This is most likely because Xi is driven by ideology, not greed.
The only way for the billionaires to take over China at the moment is to come together and start their own army to go to war. No way that’s going to happen because wars are a drain on capital.
China is controlled by a group of wealthy elite people. The wealthy people don’t need to make an army to take control just like the wealthy people of the US don’t. You seem to be confused about how things really work.
I am sure there are interesting power dynamics between old and new wealth in China just like the US. As their wealthy class explodes so will their their proxies the corporation thus increasing their power to lobby. The fascist cycle repeats.
First, we do not know this, even the weather channel provides the odds of something happening alongside a reminder that future outcomes cannot be predicted with certainty. Second, they are fundamentally different:
American capitalism: Maximization of individual economic freedom and utility. The system is designed to facilitate capital accumulation, innovation, and consumer choice through decentralized decision-making. The individual (consumer, investor, entrepreneur) is the primary unit of analysis which in turn is often a source of criticism due to the individualist nature of the social doctrine. The “invisible arbitrator (state)” of the market is trusted to aggregate individual choices into the best possible social outcomes but as seen recently, this trust has no incentive and can be taken advantage of leading to internal corruption and instance of accumulation of powers. Process is paramount: free choice, free competition, and profit motive are both the means and the implicit ends. It was also a direct response by John Locke to the issues caused by mercantilism and was created in the 1689 if I remember correctly.
Chinese socialism: National rejuvenation and the perpetuation of the ruling party’s governance (let us remember that this is a country that is still less than 100 years old). Economic development is a critical tool for ensuring state sovereignty, social stability, and the legitimacy of the Peoples republic of China, which in turn is governed by a marxist-leninist influenced communist party. The economy is a subsystem of the state, not a separate sphere. It draws from Confucian traditions of a meritocratic, guiding state (similar to marx’s conclusion “From each according to his ability to each according to his needs” on the flaws of the 19th century german socialist democracy present in his last volume, Kritik Des Gothaer Programs). The collective (nation, party, society) is the primary unit of analysis. Economic growth is a means to power, stability, and civilizational restoration. The system is teleological oriented toward a specific end-state (a “modern socialist,” strong nation, correcting the post-modern false narrative that communism does not work which is a complete generalization and misdirected association on why certain states failed, yet cuba remains and has been for over a century even with the american embargo still being present). Efficiency matters, but only insofar as it serves the ultimate political goals.
The competition between them is not just economic so we can be clear; it is a competition between two fundamentally different logics of social organization: one rooted in individual autonomy and decentralized choice, the other in collective goals and centralized coordination. The 21st century will be a live test of their relative performance and resilience and I think of it as amazing that we get front row seats to see this.
So uh, did this guy who died get what he needed while he literally worked himself to death?
No? Oh. To each according to their needs huh?
I don’t really mind much of what Marx wrote in theory, but it actually has to work in practice first.
I am sorry, but I don’t buy into any of this competition nonsense. The simple fact is China is great because of the US not despite it. They are number one trading partners and along with Russia make up the new “petro alliance”. It is pretty obvious what has happened really.
Nations are no longer in control, I won’t pretend China is any different at this point. A bunch of corporations calling the shots with decorations of communism or democracy. Propaganda used to convince people the government is more than a puppet to the wealthy at this point.
The only person who benefits from choosing to pursue truth than eat up propagandized unsourced theories is the self. I’ve taken some time to put pretty simple and evident, verifiable information right up there, if you wish to ignore it, you’re the only one affected by it, I win nothing else than the pleasure of sharing and explaining information that I think is representative of things as they exist in our world.
I have chosen the path of academic information such as books and papers to back up my beliefs, and not of oversimplified information with no source. Do you really believe that world politics and diplomatical relationships of the biggest superpowers layered on top of an information war that spans more than a century opposing the colonial post-colonial western states to the anti-colonial and anti-imperial global south can really be summed up to “It’s pretty obvious what has happened really”? It almost sound like satire when I read it again.
Oh please China is a dictatorship, not communist or socialist. Just like the USA is not really a democracy, but a fascist oligarchy. There is a huge difference between what a nation says it is and what it actually is.
They are our “enemy” but also one of our favorite trading partners. US citizens have invested a ridiculous amount of money into China just like every country. China is great because of the US not despite it.
You have chosen the path of eating up propaganda and regurgitating it without realizing. With no critical lense you just believe whatever information they offer up to you. Everything you write must be satire I guess.
Meanwhile in China: from taizi dang, to current and bi-yearly purges because of corruption, including people very close to Xi.
A lot of humans will also die in the next 20 years due to climate change. It’s funny you think we’re just gonna keep on keeping on once climate change gets really bad everywhere.