China is building socialism by the year 2352 you have to trust the process
this post was submitted on 13 Mar 2026
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This we get to have cyberpunk 2077 in real life, so I am thankful to the CCP.
Marx loved markets that’s why his name shares three letters.
He loves them so much "Marx" is just his cool hip abbreviation for "markets"
This is outright lying with statistics. The majority of traders on U.S. stock exchanges (95%+) are individual traders. They just use a clearing house that does the trading for them because it's cheaper and faster.
The majority of traders on U.S. stock exchanges (95%+) are individual traders.
Absolutely need a source for that one. Sounds wrong on both volume of $ and volume of trades.
That's because "[number of] traders" and "volume" are two different numbers. Volume wise it's probably the opposite.
Yes but using number of traders is useless to look at which is why I used total volume or amount of trades both of which sounds wrong from Ops claim.
Number traders does sound accurate but it's a worthless metric that doesn't tell us anything because they aren't the ones doing the trading.
Yes
Yeah, but I don't think, that was the point of the meme. It was just about making fun of tankies.
i thought it was making fun of US capitalism where socialism is used as an invective.
Nah it wasn’t it was making fun of the concept of “Marxist Leninist Stock Exchanges” implying that its just “state capitalism”.
Btw, happy cake day.
A mutual fund buys and sells on behalf of the consumer so individuals don't have voting rights.
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.ml collectively shits pants
There are two types of tankie. They either a) are very good at selectively ignoring what they’re not supposed to see or b) not true believers and are just trolling for the lolz
You forgot the third type: use dialectical materialism to analyze the world and understand what's going on around them instead of using idealist and moral thinking like "markets bad", allowing them to have nuanced understandings of why a revolutionary state would have a stock market.
nuanced understandings
stock market
you're a fucking parody of yourself, and it's fucking hilarious.
So weird, right? It's almost like you have a... a sort of reaction... a knee-jeek reaction maybe... to the concept of a stock market. It's almost like we differ not by ideology but by the fact that one of us is curious enough to research and analyze what appear to be contradictions and understand them in their historical and world systems context and the other is a reactionary.
Yeah, I react to the idea of a capitalist economy being a good idea. Don't fuck with me, tankie, your debate bro bullshit isn't thought out, and you aren't an intellectual. You're a fucking slave with Stockholm.
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use dialectical materialism
AKA, mental gymnastics.
Unrelated to the discussion, but dismissing dialectical materialism like that is a bit harsh. It is still very prominent in international relations critical theory, for example. I even learned about Marxism and dialectical materialism in my highschool politics class, lol
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Internal contradictions are akshually totally good and not evidence of ideological impurity!
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I guess I need to level up my imagining a pathway to better world skills.
https://impactwealth.org/chinese-stock-market-a-deep-dive-into-the-6-trillion-meltdown/
I mean, I can keep going, literally every article about investing in the Chinese stock market shows its risk. If this trace of propaganda has any truth to it, maybe its composition is just a reflection on who is being left and targeted. Yeah, yeah, I know, "West press is biased" (Al Jazeera?) but that's what you get with such deeply rooted suppression of free speech in China. Even Trump era press is still better even if US press is rapidly dropping to that level.
It's almost like MLs aren't dogmatic and don't need to assess everything by whether or not it's approved by specific authors
It never fails when ML loathe capitalism, but doesn't criticise the red capitalism. What strange doublethink to have (which by the way, this is what Orwell pretty much describes when he coined the term, doublethink, as a tool in authoritarianism).
This is what lack of material analysis does to a mother fucker.
Why do we loathe capitalism? Because of its essence? No. Because of a subset of its effects. Capitalism itself is an arrangement of social forces. What is there to loathe about it in essence? The loathing is of the alienation, the class antagonism, the environmental degradation, the oppression. Capitalism is loathsome because of some of the things it does to humanity.
But capitalism is also an organic result of the manifestation of prehistoric white trauma. It is a natural outcome of specific conditions and it serves specific functions. The world as you know it, nearly all of it, was built within the capitalist mode of production. What your life consists of now could not have been created through feudal society nor through slave society.
It is possible that another form of industry could have emerged from non-European society that would not have gone through the capitalist mode of production but a) it hasn't happened and b) we haven't theorized how it would happen.
So reality is here. We have to deal with it. Capitalism is a facet of this stage of social development in the human species. One can no more do away with it by fiat than one can do away with trauma or coping mechanisms or addiction or many other arrangements of humanity brought about by prior conditions tied inextricably to long historical processes.
You can't just deny its existence, nor it's history, nor can you can hope to deny all that it has enabled if you expect to be able to overcome it. You must know your enemy to defeat it. Simply claiming your enemy is evil and then refusing to understand your enemy ensures your defeat.
Capitalism, like any opponent, has strengths and weaknesses. Those strengths perpetuate it, solve problems that human society has, and produces outcomes that human society wants. It's weaknesses, however, are things that threaten to collapse it, things that produces outcomes human society does not want, and creates problems for human society.
We must understand both of these, and how they relate to each other, if we are to overcome capitalism.
China's use of capitalism is an acknowledgement that it is useful to solve specific problems in human society, and in fact is useful to solve some problems in the meta game. Not only did a capitalist mode of production solve major industrial problems for China which were required to meet the needs of the masses, it also had the effect of reducing the opposition from the imperialists, which creates much needed space for it to continue to operate.
It learned from the USSR that used capitalism to solve problems for a short time, and then adopted a hard-line bloc stance, forcing it into increasingly more difficult positions vis-a-vis the imperialists, which weakened the USSR instead of strengthing it.
China has far surpassed what the USSR was able to do, and it has done so while remaining truer to its theoretical roots than the USSR was able to do in the same time frame.
By choosing an idealist perspective on capitalism (i.e. capitalism is bad) instead of a materialist one (i.e. capitalism is internally contradictory) you doom yourself to ignorance, incorrect reasoning, incorrect conclusions, and therefore incorrect praxis
yawn
All that wall of sophist cut and paste texts, and you basically said exploitation by red fascists is okay in pursuit of profit because of the fact that a) there are billionaires in China, which were produced more than the USA in the past seven years, and b) China has as bad, if not worse, labour rights as other capitalist countries (see 9-6 schedule, why else did the West export manufacturing to China if not for bad working conditions and cheap labour?). All these are antithesis to the fair and equitable society that communism purports to champion.
Oh, sweaty. Of course only you write out your own posts, everyone else copies and pastes their words. And of course everyone who argues against you a sophist, only you can cherry pick facts that make real arguments with substance. And of course you don't have to read what other people write, sweaty. Only your words deserve to be read and argued against. Anyone else, and especially someone who disagrees with you, is writing for their own benefit and you don't have to read it all. Just respond. I'm sure it'll be just as good that way. You're just so smart!
Oh sweety, it's very easy to mince words and say nothing of substance when you're just spoon feeding. Still waiting for someone spoon feed you on what to say about 9-6 schedule and the fact that China produced more billionaires than US? How is all this still in line with communism?
say nothing of substance
🪞 Talking to yourself, I see. 🪞
https://www.china-briefing.com/news/996-is-ruled-illegal-understanding-chinas-changing-labor-system/
The 996 schedule is illegal under Chinese labor law and has been for years. It went up to the court system and the legislative system and the workers in every case were supported in their labor claims.
As for billionaires, I've said this before in other comments, I'll say it again here - The communist revolution in China was very explicit about its collaboration with the national bourgeoisie. It's quite open about it, as communists do not hide their intentions and speak openly about their strategy. The Chinese strategy was experimental, drawing from the failures of past revolutions and developing a theory based on them, it implemented an experiment of cross-class collaboration while maintaining a dictatorship of the proletariat. Creating on-paper billionaires is easy when you have a stock market and you've opened it up to Western speculators. In fact, if you're doing it right, you're guaranteed to get billionaires. The question is not whether there are billionaires but whether the state is promoting the interests of the proletariat. Billionaires are a side show.
The 100-million-member CPC is predominantly farmers and blue collar workers. The party is constantly punishing the rich for corruption. They've literally executed the rich for harming the masses through negligence and profit-seeking.
Billionaires are not contradictory with the process of building communism. Billionaires will be impossible under communism since there won't be money. The process of building socialism is what we're all currently working through as a species.
There is being undogmatic and there is just doing capitalism but in red.
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