this post was submitted on 30 Jun 2025
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No but being slow because you refuse to adopt the liberalizing policies is an indication that you aren’t serious about being liberal. It’s like suggesting China is serious about socialism when they have a stock market and income inequality is widening.
Systems aren't decided by how "serious" the people in charge are. Iran is still a liberal nationalist country.
Further, the PRC is absolutely serious about socialism, the lives of the working class are dramatically improving and the number of billionaires is shrinking. The large firms and key industries are overwhelmingly publicly controlled. Having a stock market is a contradiction, but one that is limited to medium and small firms, which cannot simply be siezed and planned but are allowed to develop to the point that they can be planned better.
You really shouldn't be speaking as though you understand China if you still don't understand Iran, liberalism, and socialism.
Of they aren’t making the change to permit liberalism then it does matter and currently my understanding is the state is dragging theor feet on privatization.
Chinese workers do not control the means of production and there is a growing wealth inequality. The PRC is simply lying about their pursuits of socialism.
You probably shouldn’t be talking about any nation given you have trouble grasping hiw “All but not really all” means not all.
There was growing wealth inequality, while at the same time all boats were rising. But now wealth inequality is shrinking, and all boats are still rising.
Well 4 years ago it was shrinking. How about post-COVID?
Maybe there’s hard data for that somewhere—I dunno—but since COVID, the Chinese state intentionally popped their housing construction bubble and made the capitalists take the hit.
They didn’t intentionally pop this bubble. It popped and they have done everything in their power to limit the damage. China might not be forthright about their policies but they do seem to be interested in preventing social collapse.
Do you think we pull these things out of our butts?
No, I am saying the crash of Evergrande was in no way a planned or negotiated event. Everyone knew there was trouble but no one “popped” it intentionally.
Three red lines was introduced in Aug. 2020. The collapse started in Sept. 2021. It was a centrally planned, managed collapse, with the intent of making the capitalists take the hit instead of the working class. It was very unlike the 2008 one in the US, where no orthodox economist saw it coming, and the government was caught with its pants down, and it ratfucked working class homeowners to save the private banks, who had written bad mortgages that they knew couldn’t be paid.