“Lol China will never catch up”
Outsources everything to China
China catches up
“Yeah well China will never become eco friendly”
China starts producing cheap eco friendly tech
Yellen: “Hurr durr muh overproduction will hurt the oil compa- i mean global market”
China closed the gap for sure, but they haven’t caught up yet. Their demographic issues and deflation over the next decade is likely to hinder their progress in closing that gap
Not that I oppose other economic systems from prospering, just I don’t think it’s accurate to say they’ve caught up. For example, they still can’t manufacture chips at as small a scale as US companies can. That’s a very significant manufacturing component to be dependent on
What “other economic system?” China is a state capitalist command economy – They can call themselves “communist” all they want but at this point it is in name only and we all know it. They left behind any shreds of actual communist philosophy in the late 1970’s and conveniently kept only the Soviet style authoritarian parts.
The entire country is run as one giant business for the purposes of profit, and although major swathes of their business sector may be state-owned, they’re still driven by a capitalist profit motive, and they keep said profits for themselves to no benefit of the teeming masses who make up everyone who isn’t already at the top.
I’m anti authoritarian, but I meant centralized vs decentralized economic planning. I agree though, communism is state capitalism
And Canada, too. Thanks Mulroney.
Privatized oil, privatized Air Canada, privatized Via Rail. They would’ve gone further if they could’ve.
They’re really trying here in Alberta. I hate it here
Preach. It’s just getting worse and worse here.
I feel sorry for you.
Read ‘The Shock Doctrine’…
Yeah it’s non-stop laughs here
Similar thing happened to German telecommunication infrastructure (for an industry nation our internet is notoriously bad in compatison to EU neighbours), happened to our public transport infrastructure, especially to our trains, and is currently happening to our hospitals.
Privatizing critical infrastructure has never been a good idea.
Sweden also stopped investing in infrastructure in the 1980s but not because of privatisation. It’s just very expensive. Now everyone one is blaming each other when everything breaks down, especially politicians that are no longer in the government. There is no “accountability” for the government.
The child in me takes some twisted pleasure in hearing of Scandinavians suffering from similar problems to us over here who seem to be unable to right the ship. Maybe it’s a misery loves company thing. Maybe it’s because I think the more of us suffer, the quicker we can all work together on a larger scale to come up with a fix. Just feels a bit hopeless at times, and I guess it’s by design.
And I wish the best for you in Sweden, I don’t mean to suggest I am hoping for your failure at all. I just see a picture painted here and on Reddit so frequently of a bustling utopia, and it can be a little demoralizing at times.
I remember when driving from Finland to Sweden, the road quality markedly dropped when we crossed the border. I found that funny, because I was sharing a car with some friends who had had an unfortunate time in Sweden and they joked that the sudden dip in road quality was more evidence of Sweden being cursed.
But I was told that Sweden is a socialist utopian paradise where there is no right wing, all the cities, bridges, and sidewalks are clean, new, and shiny, you can walk or cycle everywhere 365 days a year, free healthcare and lollipops are offered on every street corner, and everyone is happy and productive all the time!
Did the internet lie to me???
You can just look at any objective metric of wealth or wellbeing and notice Sweden very often near the top of the list. You don’t need to invent some theoretical internet opinion in your head to be mad at.
You don’t need to invent some theoretical internet opinion in your head to be mad at
This is a good one, I’m going to remember it for use in every other thread
It’s thoroughly capitalist, but most people pay hefty taxes so public funding is in a much better place than most countries.
But no right wing is wild. There’s quite a hefty following down south and historically Sweden was “neutral” in WW2 which included selling to the Nazis and transporting their troops around.
This might be revisionism but laying down flat and doing your enemy’s bidding is the same as joining them.
Because Karl Marx said socialism is good, and they determined Karl Marx is bad, therefore socialism must be bad.
Other way. They determined socialism is bad first since that gives a real alternative to capitalism.
It doesn’t need to be an alternative. It’s a really effective way to regulate capitalism by standardizing and socializing private industries like education, police, fire, roads, internet access, healthcare, etc.
Socialism is the workers collectively owning the means of production, everything else is just details. (Well, the anti-heirarchy bit is important too, especially to keep the means from falling into something that isn’t just capitalism with extra steps, but complicated)
It is innately opposed to capitalism as a result. What it isn’t innately opposed to is a market economy.
Socialized industries, like the ones stated above, are collectively paid for by all citizens and provided to all citizens equally. You don’t pay every time you need the police because their salaries are socialized by taxes. It’s an effective way to ensure quality of life for all citizens, with payments proportional to their income. Adding industries to tax socialization is an effective way to bring balance to capitalism, and improve the quality of life for vulnerable members of society, without the need of a full system overhaul.
