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Cowbee [he/they] @ Cowbee @lemmy.ml Posts 13Comments 8,474Joined 1 yr. ago
I don't think calling public ownership "state capitalism" makes any real sense, Marxism is not a "state capitalist" ideology. Trying to redefine all socialism as Anarchist is reductive, unless you're trying to say something else entirely.
Further, they are democratic, just a different model of democracy than Western countries. The Chinese people seem to enjoy their system too, indicated by an increasing belief in their country moving in the right direction:
Would certainly be a huge benefit for African countries to free up money for more consumption, but I'll retain cautious optimism.
Will probably see further movements from the PRC to sell off US treasury bonds and shifting more away from the dollar in general, along with tighter export restrictions on rare Earth. China already said they won’t keep increasing tariffs, but they seem dedicated to not backing down, and they have the Material means to actually resist US trade aggression.
What would be incredibly based is if the PRC starts paying off loans in Africa with its dollars, decoupling the Global South from the US even further. Gets rid of dollars and debt in the Global South, potentially freeing up new customers for goods produced in China and strengthening ties.
Will probably see further movements from the PRC to sell off US treasury bonds and shifting more away from the dollar in general, along with tighter export restrictions on rare Earth. China already said they won’t keep increasing tariffs, but they seem dedicated to not backing down, and they have the Material means to actually resist US trade aggression.
What would be incredibly based is if the PRC starts paying off loans in Africa with its dollars, decoupling the Global South from the US even further. Gets rid of dollars and debt in the Global South, potentially freeing up new customers for goods produced in China and strengthening ties.
I don't really think it's plausible though, which is why I asked for a source. Buying large quantities of Trump crypto would be far too stupid for China to do.
But being outlandish doesn't make it more correct.
Thanks! That's really been China's whole strategy this time since Deng, rapidly improve the productive forces as quickly as possible and never be overly reliant on any ties, especially not the US, as the US is firmly anti-communist and will eventually make a hard break with the PRC (the US thought it would go the same way as the USSR to Russian Federation, which ended up being false).
The PRC isn't doing BRICS and BRI for charity, nor for Imperialist control either. It's doing it for customers, which it needs in the long run in order to not be isolated and reliant on the US.
Sure, but this lowers US consumer demand for goods produced in China, giving the PRC motivation to seek increased economic ties elsewhere. China is negatively impacted by this in the short term, though they are better equipped to handle it due to actually holding the productive forces in the equation.
It's not insignificant by any stretch, but China was far more reliant on the US in the past. That's why they have been building up the Belt and Road Initiative and BRICs, to build up alternative customers in case the US ever made a hard pivot. The PRC is more than willing to ride the gravy train of US money flowing in for as long as it can last, as they can spend that time building up alternative customers, but had this been the 90s this very well may have worked for Trump. Too little too late, though.
Will probably see further movements from the PRC to sell off US treasury bonds and shifting more away from the dollar in general, along with tighter export restrictions on rare Earth.
What would be incredibly based is if the PRC starts paying off loans in Africa with its dollars, decoupling the Global South from the US even further. Gets rid of dollars and debt in the Global South, potentially freeing up new customers for goods produced in China and strengthening ties.
It's not strictly hierarchy but class relations that stand in the way, IMO. Hierarchy is a natural consequence of increasingly complex production, but that does not mean we cannot push for a classless formation of society by learning and mastering the mechanics of centralization so as to be more democratic and equitable.
To be fair, it's been that way for a long while. Now that it's more nakedly obvious, more countries are pivoting away from ties to the US Empire towards the PRC, which is a good thing overall.
China's Public Sector is the principle aspect of its economy, large firms and key industries are overwhelmingly in the public sector while the private is dominated by small firms, cooperatives, and sole proprietorships. This is classically Marxist, as he thought you needed to develop out of private ownership, not just make it illegal. Calling it "state capitalists" or whatever doesn't change those fundamental facts, the structure is Socialist.
Further, China doesn't fit the points laid out by Lenin, financial and industrial Capital is largely held by the state, not freely influencing and dominating the state. China's involvement in the Global South is very different as a consequence, rather than using large loans with clauses that require privatizing national industries and whatnot, or exporting factories to super-exploit for domestic super profits like the US does, China focuses on development so that they can trade easier and have more customers so as to not be reliant on the US.
So no, the PRC isn't Imperialist.
Which way, EU?
Could be a pretty big turning point. The writing is on the wall for the US Empire, will the EU read it correctly, or go down with the ship?
They would appreciate it, when I mentioned this AMA other users expressed sadness that they cannot participate due to sh.itjust.works not being connected to Hexbear.net and Lemmygrad.ml.
If we want to be especially nerdy and Marxist, this I think is best explained by Dialectical Materialism and how it relates to knowledge itself. At a certain quantitative buildup of understanding of a concept, through stimuli such as reading theory or seeing it in the real world, there is a jump from simple knowledge of a subject to a comprehensive understanding, ie a shift from the quantitative to the qualitative.
Essentially, reading more, experiencing a concept first hand, and testing it in the real world is what turns simple knowledge into true understanding, and it is the latter that allows for concepts to be correctly simplified instead of incorrectly. Kinda like downscaling an image, if your first image is blurry it will look worse than if your first image is focused, even if you downscale to the same resolution.
A huge number of aspects of the US's geopolitical enemies, and its own mythologization of the Founding Fathers and early settlers.
There was also a really bad political test with liberalism on the left and conservativism on the right, and we had to take a test and put what we got in front of everyone, which was very strange.
Regardless of believability, without verification it should be taken with a large heaping of salt to begin with.