• LibertyLizard@slrpnk.net
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    11 months ago

    I’m not spending 25 dollars to win an internet argument but I would consider reading it if you have a free way. But from my experience debating you previously, you have a tendency to post sources that do not support your claims at all, and often contradict them.

    China is following the essentially the same development path as other capitalist countries so I’m not sure what you mean by this. In recent years it has become increasingly nationalistic, imperialist, expansionist, and staggering wealth inequality continues to develop and entrench. Barring a real bottom-up movement for equality I expect these types of governments to gradually slide towards fascism.

      • LibertyLizard@slrpnk.net
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        11 months ago

        I’m not slandering you, just expressing skepticism at your own interest in constructive conversation and explaining why I don’t value your book recommendation very highly.

        As to the rest of this, it is again much too long to read in its entirety but it seems to come down to the same economic growth metrics that are used to justify neoliberal economics in every country. Yes, a small fraction of the wealth falls down to the poor and by some metrics this leaves them better off. This is not socialism in Western countries and it is not socialism in China. In fact, these are the same reasons people supported far right politicians like Trump or Hitler. If we concentrate power in the hands of the people who know better, they will grow the whole economy and we will all get richer, right? It doesn’t matter if the ruling class seizes most of the wealth and power, now you can buy two toys for your kids instead of one!

        The global definition of poverty is an especially misleading metric since it doesn’t actually measure people’s material conditions, just “dollars per day” which is often only tangentially related to actual well-being. See this paper for more information: https://www.sciencedirect.com/science/article/pii/S0305750X22002169

        Notably:

        The results of this method demonstrate there is often a significant divergence between the poverty rate as defined by the World Bank’s $1.90 method and the BNPL. Consider the case of China, for example. According to the $1.90 method, the poverty rate in China fell from 66% in 1990 to 19% in 2005, suggesting capitalist reforms delivered dramatic improvements (World Bank 2021). However, if we instead measure incomes against the BNPL, we find poverty increased during this period, from 0.2% in 1990 (one of the lowest figures in the world) to 24% in 2005, with a peak of 68% in 1995 (data from Moatsos, 2021).3 This reflects an increase in the relative price of food as China’s socialist provisioning systems were dismantled (Li, 2016). It is likely that something similar occurred across the global South during the 19th century, as colonial interventions undermined communal provisioning systems. As a result, the $1.90 PPP line likely reflects a changing standard of welfare during the period that the Ravallion/Pinker graph refers to.

        But even if conditions did improve during some periods, none of this means there isn’t a better economic system, nor does it make any country where conditions improve socialist. There have been periods of economic improvement in many capitalist countries, partly because pure capitalism is extremely difficult to implement and maintain, so most capitalist countries do allow for some socialist practices to exist. Again, socialism means proletarian control of the means of production, something that no one in these conversations has even attempted to argue is happening in China. Workers in China, like workers in all capitalist countries, have very little say over their own working conditions and economic decision making. This is extremely obvious from the fact that corporate structures in China are very similar to elsewhere in the world; a structure that is incompatible with socialism.

          • LibertyLizard@slrpnk.net
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            11 months ago

            Funny because I was going to say the same thing. Keep on believing imperialist propaganda, I’m sure communism will arrive any day now. Just need to force capitalism on a few more generations.

      • LibertyLizard@slrpnk.net
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        11 months ago

        While I appreciate you going through the trouble of finding this, it kind of misses the point. Have you read this book? Is it an honest examination of the Chinese economic system? Is it acknowledged by the wider community (and not just Leninist and Chinese apologists) to be a serious work that is based on reality and not propaganda? I don’t have enough faith in the other user to read something this long solely on their recommendation.