this post was submitted on 18 Oct 2023
249 points (95.3% liked)
Technology
59424 readers
2974 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
State literally calls itself communist. (Operates more like a fascist state than a communist one)
Conducts ever more of its industry through the state and strictly controls the banks and loans.
Exercises huge subsidies across the entire economy which is visible through their massive and growing imbalance between their internal consumption and export.
"You only say it's not capitalist because they aren't white"
No I say they aren't capitalist because they aren't capitalist.
China is closer to neo-mercantilism due to the level if direct state involvement in private business.
As a nationalist economic policy, neo-mercantilism integrates well with the fascist economic model, particularly in this age when the masses are so accustomed to foreign goods that they might find the explicit notion of autarky alienating.
Yes but ideologically China is not aligned with fascism at all. They are on paper still pretending to be Marxists. Fascism is opposed to Marxism.