this post was submitted on 03 Dec 2024
24 points (100.0% liked)

GenZedong

4954 readers
131 users here now

This is a Dengist community in favor of Bashar al-Assad with no information that can lead to the arrest of Hillary Clinton, our fellow liberal and queen. This community is not ironic. We are Marxists-Leninists.

See this GitHub page for a collection of sources about socialism, imperialism, and other relevant topics.

This community is for posts about Marxism and geopolitics (including shitposts to some extent). Serious posts can be posted here or in /c/GenZhou. Reactionary or ultra-leftist cringe posts belong in /c/shitreactionariessay or /c/shitultrassay respectively.

We have a Matrix homeserver and a Matrix space. See this thread for more information. If you believe the server may be down, check the status on status.elara.ws.

Rules:

founded 5 years ago
MODERATORS
 

This question is broad, so you're free to decide which metrics and conditions you consider the most important.

you are viewing a single comment's thread
view the rest of the comments
[–] Rextreff@lemmygrad.ml 18 points 11 months ago (1 children)

Isn't GDP just naturally lower due to socialist economy having lower prices, and especially due to free/very low rent, compared to the USA housing market which makes up about 10% of USA GDP?

[–] StalinIsMaiWaifu@lemmygrad.ml 23 points 11 months ago (1 children)

Yes, also capitalist GDPs tend to get inflated by luxury goods (which the SU notoriously under focused and lacked), but I was/am not prepared to go into a deep dive of gdp/gdppc/gdpppp for base industries for the USSR, USA, and China

[–] davel@lemmygrad.ml 8 points 11 months ago

Neoliberal GDPs get further inflated by financialization and asset price inflation, things that hinder the real economy. https://michael-hudson.com/2016/08/finance-is-not-the-economy/