• 28 Posts
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Joined 3 years ago
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Cake day: March 23rd, 2022

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  • what do you think about this comment?

    Absolutely nobody can argue with 400 million people out of poverty in 40 years.

    Of course it’s revisionist, though. Even official ideology says it is.

    And at this point, it’s also clearly state capitalism. The vast majority of goods and services are produced and distributed for profit via the market. Having a decent chunk of this done by commercially-oriented state owned firms doesn’t make it socialist.

    I don’t blame them for having done this- it’s almost impossible to survive, let alone thrive, in the capitalist world-system as a socialist state.

    But a country with a higher gini coefficient than the US, absolutely rampant consumer culture, rampant labour exploitation, ruling classes composed of investor-bureaucrats, state enterprise executives, and straight capitalists, a huge speculative bubble real estate market (which has paid for local government budgets in recent years), and urban middle classes fixated on entrepreneurship and making money…none of these things are socialist.

    OK, so maybe they had to crank up the capital accumulation machine for now so they can build real socialism later? Sounds great, except you’re now placing your faith in the millionaire and billionaire capitalists at the top of the party to just dissolve themselves in favour of the working class some day. Good luck.