• Donkter@lemmy.world
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    3 days ago

    China is capitalist and authoritarian. Their investment in their people is done with the goal of neo-colonialism as they use their wealth and influence to indebt growing nations to China. They invest in their people, but only enough to stave off mass protests. We see a lot of wealth come out of China, but remember that we could witness China uplift an equivalent amount of people to the entire population of the U.S. and they would still be oppressing a larger percentage of their population.

    It looks like it’s working in contrast to the U.S. right now because we are currently crashing out as a nation, rewarding cash-grabbing opportunists even more than we have for all of U.S. history. Idk, there is a chance we fully burn up in this shit show going on right now and that would de-facto make China’s system technically better, but I think that’s the only way. I mean the atrocities China has committed against its own people and people around the world in recent decades is ridiculous. I know you weren’t going to bat for China don’t worry.

    • daannii@lemmy.world
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      2 days ago

      Yeah I mean you could make an argument it’s a hybrid socialist capitalism. But I’m kinda with you. It’s still capitalist at its core.