• Bungkarnoenjoyer
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    10 months ago

    The Economist on its way to Proving Lenin He Was right everytime they make a dumb Article

  • DamarcusArt
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    10 months ago

    Yeah, I know they were wrong the last 187 times about China, but this time they’re totally right and China will collapse any day now!

    Though this isn’t actually about China, not really. This isn’t an analysis, it’s soothing balm for liberals. It’s telling them “the enemy” isn’t to be feared because they will destroy themselves through their lack of whiteness strange oriental ways incompetence and lack of “civility.”

    They constantly put out articles like this to tell the people that no matter how bad things get in the west, and no matter how good things seem to be getting in China, that’s all just theater and China is automatically worse by default, regardless of what evidence, statistics or reality say.

    • JucheBot1988
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      10 months ago

      Yeah, I know they were wrong the last 187 times about China, but this time they’re totally right and China will collapse any day now!

      It’s the same process they use to justify whatever war the United States currently happens to be waging. “Sure, the US government lied to us about Vietnam, Iraq, Afghanistan, Libya, etc., but this time is different, I swear!”

      Like the old proverb goes: Fool me once, shame on you fool me a hundred times, and I just might be a lib.

    • KiG V2
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      10 months ago

      I always tell myself people will wake up when they realize how much better their lives get while ours get worse and worse, but even when I talk about their poverty alleviation, growing middle class, green energy initiatives etc. people just kind of blank and don’t say much. The truth is already so far distant from what people are taught it’s like they think I’m lying or being lied to.

      • DamarcusArt
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        10 months ago

        Yeah, that’s kind of the problem. They’ve been trained to think that China just “lies” about everything, and only the clever western media sees through those lies (even when those “lies” are information independently collected by the UN or other organisations.)

        They want China to be the bad guy, so China can’t ever do anything positive. It’s always a bad guy, doing bad guy things.

  • Yiazmat
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    10 months ago

    CHINA’S COVID FAILURE

    which country has over a million COVID deaths again?

  • Red_Eclipse [she/her]@hexbear.net
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    10 months ago

    All this propaganda layed out like that makes them look… weird, and sad, like a jealous ex that’s obsessed with you and is like, hate-stalking you, but for a country.

    • JucheBot1988
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      10 months ago

      Somebody – can’t rememember who – in the Chinese media or diplomatic service pointed out that western headlines are funnier if you replace “China” with “my ex wife.”

  • CascadeOfLight [he/him]@hexbear.net
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    10 months ago

    Look, look! The line’s gonna go down! Well okay, but it’s gonna stop going up! Well okay, but it’ll go up slower! Well okay, but… black-mold-futures

  • JucheBot1988
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    10 months ago

    The one with the pandas looks like something one of their editors came up with in a drug-induced haze.

    • ☆ Yσɠƚԋσʂ ☆OP
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      10 months ago

      Drug induced haze would also explain the content of the majority of their articles.

    • ☆ Yσɠƚԋσʂ ☆OP
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      10 months ago

      to be fair the way life expectancy is looking in US, once in a life time might soon be accurate

  • MelianPretext
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    10 months ago

    "the London Economist, the European organ of the aristocracy of finance, described most strikingly the attitude of this class.” - Karl Marx

    “The Economist, a journal that speaks for the British millionaires.” - Vladimir Lenin

    Having both Marx and Lenin speak out against a publication shows how this rag has been consistently on the wrong side of any struggle for the past two centuries. Their modern flashy r/designporn-bait cover designs and tidy site UI hides the sociopathy of their publication history.

    For starters, the modern day sinophobia of the Economist is no surprise. They’re the original China haters, and I mean that with zero exaggeration. They’ve been calling for war and imperialism against China for two centuries now. They lobbied in the UK for the Second Opium War using sociopathic mercantilist justifications:

    “We may regret war … but we cannot deny that great advantages have followed in its wake”

    It’s an unsurprising stance when their founder literally earned his fortune from the forced opium trade imposed against China following the First Opium War.

    The British capital-centric profit driven agenda they’ve followed puts them even on the wrong side of a “liberal” perspective of history. They’ve historically opposed the UK abolitionist movement, protesting that “the boycott they proposed of all goods made using slave labour would hurt British consumers and punish slaves.”

    They were the only British publication to support the Confederacy, arguing that:

    “It is in the independence of the South, and not in her defeat, that we can alone look with confidence for the early amelioration and the ultimate extinction of the slavery we abhor.”

    In a mask-off moment, they said that the slavery issue was secondary compared to the lucratively low cotton tariffs the Confederacy could offer, which made Marx himself ridicule the rag when he wrote for the New York Daily Tribune, saying that the Economist was finally: ‘honest enough to confess at last that with it and its followers sympathy (for American emancipation) is a mere question of tariff’

    Their chief editor at the time, the Confederacy apologist Bagehot, still has a “cutesy” little column named after him to this day.

    Showing that they’ve learnt nothing in the centuries since, in a 2014 book review on a book about the trans-Atlantic slave trade, they unironically complained without a shred of self-awareness that:

    “Mr Baptist has not written an objective history of slavery. Almost all the blacks in his book are victims, almost all the whites villains. This is not history; it is advocacy.”

    For more further reading, the Citations Needed podcast had an episode on “The Refined Sociopathy of The Economist.” https://citationsneeded.medium.com/episode-98-the-refined-sociopathy-of-the-economist-4966767e1688

  • quality_fun
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    10 months ago

    this doesn’t mean that china has no economic issues at all. real estate, for example, must be properly managed without wiping out everyone’s investments.

    • ☆ Yσɠƚԋσʂ ☆OP
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      10 months ago

      I don’t think preserving investments is going to be the priority there, rather the focus will likely be on preserving jobs. What I think is most likely to happen is that large chunks of the real estate industry become nationalized.

        • ☆ Yσɠƚԋσʂ ☆OP
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          10 months ago

          It’s a pretty good solution that worked many times in the past. Rich investors are going to lose some money on this, but that’s about it and frankly that’s not even a negative. Ultimately, the goal should be to remove all aspects of capitalism and move towards a true socialist economy that’s a mix of state and cooperative ownership. Doing these kinds of nationalization projects helps with the transition.

          • quality_fun
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            10 months ago

            i would agree, but 30% or so of the gdp is in real estate. china cannot just lose a third of its economy.