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Cowbee@lemmy.ml ⁨5⁩ ⁨days⁩ ago

The charts represent what’s actually happening on the ground. The urban/rural divide is one of the biggest problems for China, this is correct. The origin of the issue is in China’s rapid development, which left the countryside lagging behind. However, thanks to their socialist system, they’ve already taken concrete steps towards addressing this.

Purchasing Power in 2022 was 25 times higher than 1978. The gap between rural and urban development has long been acknowledged and is already something worked on. The famous poverty eraducation campaign, which lifted 800 million people out of absolute poverty, was focused on just that. Read The Metamorphosis of Yuangudui to see what that looks like in practice.

What separates social democracy from socialism? In social democracy, private ownership is the principal aspect of the economy, and capitalists control the state. In socialism, it’s public ownership that is principal, and the working classes that control the state. I won’t retread old ground here, other than to remind you that China’s economy is overwhelmingly state-driven:

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China does indeed have billionaires, because they still have private property for the small and medium secondary industries. This, however, is not a permanent fixture of the economy, as no economy is static and unmoving. As these firms grow, they are folded into the public sector, advancing socialization of the economy. What do you believe socialism to look like? How can a neoliberal ecomomy be dominated by public ownership, the working classes, and central planning?

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