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Cowbee@lemmy.ml ⁨5⁩ ⁨days⁩ ago

Socialism is a mode of production and distribution where public ownership is the principal aspect of the economy, and the working classes control the state. Do you disagree with this? Is this an example of circular reasoning, or instead an acknowledgement that socialism is about working class control and socialized production?

Neoliberalism on the other hand focuses on low taxes, low government spending, and privatization of formerly state owned and run industry wherever possible. Given that China’s government spending is massive, the backbone of the economy is made up of massive SOEs and other publicly owned industries, and taxes aren’t exactly low, I don’t see how any of this applies to China.

I already explained, further, how China isn’t at all exploiting others. Trade and partnership with China over the US results in reduced poverty. For example, BRI has lifted 40 million people out of poverty, thousands of infrastructure projects, and tens of billions in bilateral trade. This is not imperialism in any capacity, it’s mutual cooperation for mutual benefit.

And you top it all off with an ableist attack, unsurprising.

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