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submitted 2 days ago by schizoidman@lemm.ee to c/worldnews@lemmy.ml
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[-] njm1314@lemmy.world 15 points 1 day ago* (last edited 1 day ago)

And then we have mass worker revolts to seize the means of production in these countries right? Right?

[-] CyberMonkey404@lemmy.ml 12 points 1 day ago

Woulda been funny. Not just for the obvious benefit of having an uprising and potential revolution in Europe, but also to see how genuine those "red millionaires" are about socialism with Chinese characteristics

[-] Cowbee@lemmy.ml 8 points 1 day ago

A bit nitpicky, but the idea behind SWCC isn't that the Capialists in the PRC are "the people's Capitalists" or anything, but that the State as a DotP allows market competition in a controlled manner similar to a birdcage. As these markets form monopolist syndicates, they centralize, and socialize, by which point the CPC increases public owership. Communism is achieved by degree, not by decree. Trying to achieve Communism through fiat has historically resulted in struggles and difficulties.

I recommend reading Socialism Developed China, Not Capitalism for an overview of what that entails.

[-] Fidel_Cashflow@lemmy.ml 5 points 14 hours ago* (last edited 14 hours ago)

I also recommend The East is Still Red - Chinese Socialism in the 21st Century by Carlos Martinez, it does a great job of dispelling common myths about China and it's economy, foreign policy, etc with solid sources through a solidly materialist lens.

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[-] freagle@lemmygrad.ml 36 points 2 days ago

This is Western liberal cope. China makes 5-year plans and publishes them. Building factories around the world is a massive planning effort. They are not reacting to tarrifs that were levied in the last 18 months. The tarrifs are a reaction.

China has been building international infrastructure, including factories, for years now. By the time a factory comes online to "avoid tarrifs" the tarrifs would have already had their maximal effect. Further, tarrif regimes can be changed in hours while factories take years to plan and execute. There is simply no way China is thinking they're going to outmaneuver recent tarrifs with factories.

It's nonsense

[-] Crikeste@lemm.ee 24 points 2 days ago

You forgot one thing though: China bad

check mate 😏

[-] superkret@feddit.org 51 points 2 days ago

So they're now outsourcing production to the West? We've really come full circle.

[-] yogthos@lemmy.ml 26 points 2 days ago

The difference is that they're not doing it at the expense of hollowing out their domestic industry. They're supplementing their own industry by building additional industry around the world.

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[-] baru@lemmy.world 18 points 2 days ago

Why do you assume the West? China often expands to other Asian countries. Or pretend to. E.g. after tariffs are applied to China you'll often see a huge increase in intra Asia trade. Followed by different Asian countries heavily increasing their exports. Usually by hiding the true origin (tariffs are applied to the origin, not some transhipment place).

[-] Hawk@lemmy.dbzer0.com 11 points 1 day ago

Also a lot of infrastructure in Africa is being funded in China, their position there is only going to grow stronger.

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[-] queermunist@lemmy.ml 34 points 2 days ago

It'd be really funny if China building factories in Mexico causes NAFTA to collapse.

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this post was submitted on 06 Oct 2024
153 points (96.9% liked)

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