this post was submitted on 31 Jan 2025
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Tank engine (lemmy.ml)
submitted 1 day ago by [email protected] to c/[email protected]
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[–] [email protected] 31 points 1 day ago (1 children)

Lemmygrad admin here. I normally don't look at reports from other instances but for this I had to make an exception. Probably the dumbest shit I have read so far lmao.

[–] [email protected] 14 points 1 day ago (1 children)

What did the report say? Lmao

[–] [email protected] 11 points 23 hours ago

Reason: "state capitalist"

Hence my reply:

Because the Chinese state has fiat monetary sovereignty, it doesn’t function in the capitalist mode. It has no need to make a profit because it has infinite money[1]. It doesn’t need to extract surplus value from workers to satisfy investors, and it doesn’t even need to break even. The logic of capitalism doesn’t apply.

Ultras fear the scroll.