• PersnickityPenguin@lemm.ee
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      1 year ago

      Their 5 year growth plans.

      Mainly high tech chips manufacturing, space technology, weapons technology (hypersonic weapons, nuclear weapons, stealth fighters, aircraft carriers, ballistic missiles), high speed rail, and automotive and electric vehicle technology. To name the major ones.

      • HardNut@lemmy.world
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        1 year ago

        But these goals aren’t inherently or exclusively capitalistic in nature, are they? Capitalism and Communism are both described as a means to an end - that is to say they both make prescriptions on how the means of production should be owned and controlled, but they don’t make much suggestion as to what production that refers to. So, in theory, there’s no reason to believe any of these goals are capitalist or communist in nature, because people have reason to want these things regardless of their preference of economic structure.

        It can be shown in practice that these are not capitalist inherently either. The “5 year plan” is actually a trope amongst Socialist/Communist leaders. Stalin had a 5 year plan that sounded very similar to Xi’s, and Xi adopted this type of state planning from Mao himself.

        China’s weapons are manufactured by China North Industries Group Corporation, which is a state owned corporation, not a private company. China’s tech chips are manufactured by SMIC, also a state controlled corporation. The high speed railway is being built by the China Railway Corporation, also state run.

        I think people get confused by the idea of “exchanging capital” when referring to trade, because it leads them to believe that capitalism means something that profits from capital, but a state can profit from capital just like how a private unit can. Capitalism is NOT the exchange of capital, it’s the private ownership of the means of production. If a state (ie: China) participates in trade, that is not an example of capitalism, because the means of trade are not owned by a private unit.

          • HardNut@lemmy.world
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            1 year ago

            State capitalism is an oxymoron, if the state controls the means of trade, then it’s not private.

            • PersnickityPenguin@lemm.ee
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              1 year ago

              That’s an interesting point, however it is widely accepted that states can leverage capitalism by allowing quasi-private corporations to operate semi-independently from the government.

              And in fact, many of the largest industrial amd infrastructure projects are only possible by state-funded corporations to undertake them.

              For example, NASA, the Works Progress Administration, the Bonneville or Hoover Dam projects, and the development of most advanced American weapons platforms. None of these were possible without direct government funding and management.

              There is a surprising amount of gray area between straight up socialism and pure capitalism, and in our world pure capitalism is less common than you think.


              Perfect Wikipedia:

              “Economists, historians, political economists, and sociologists have adopted different perspectives in their analyses of capitalism and have recognized various forms of it in practice. These include laissez-faire or free-market capitalism, anarcho-capitalism, state capitalism, and welfare capitalism. Different forms of capitalism feature varying degrees of free markets, public ownership,[8] obstacles to free competition, and state-sanctioned social policies.”

            • Prunebutt@feddit.de
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              1 year ago

              This interpretation is not about following the definitions of a word to the teet, but rather to understand how systems of control work.

              If you have the same property relations of the means of production like in capitalism, but you switch out the boss with a state bureaucrat, you functionally have the same system. But not with the private ownership, but rather with the state ownership: state capitalism.

              If you would adjust your definitions of capitalism here, your political understanding would actually grow.

              • HardNut@lemmy.world
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                1 year ago

                The boss being a state bureaucrat as opposed to a business owner is a massive distinction. Government employee’s primary obligation is to their employer: the government, not the business. This dynamic changes things, it’s not the same system.

                Suggesting that we adjust the definitions of words in order to believe your ideology is… an interesting tactic.

                • Prunebutt@feddit.de
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                  1 year ago

                  The boss being a state bureaucrat as opposed to a business owner is a massive distinction. Government employee’s primary obligation is to their employer: the government, not the business. This dynamic changes things, it’s not the same system.

                  What’s the functional difference between the CEO of a Corporation and some surpreme ruler of a state?

                  Suggesting that we adjust the definitions of words in order to believe your ideology is… an interesting tactic.

                  You have it the wrong way around. I simply think definitions should have the purpose of understanding the world better. If a definition doesn’t correlate with the world that we perceive, they’re no use and should be adjusted. That is literally how language works.

                  I came to the conclusions of my ideology by thinking about the political definitions I have in my model of the world. If the model/the definitions don’t fit, I change it/them.

                  • HardNut@lemmy.world
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                    1 year ago

                    What’s the functional difference between the CEO of a Corporation and some surpreme ruler of a state?

                    I was referring to private business owners, not the CEO of a corporation. Considering I think of corporations as an opt in state, I guess I would say not much difference at all. The CEO is beholden to the shareholders (like a state is to it’s people), as well as the rules and regulations of the state that legitimizes it.

                    If the model/the definitions don’t fit, I change it/them.

                    This actually isn’t how definitions work, wilful changing of a word to fit a specific narrative is simply dishonest and has no precedence in legitimate etymology at all. I can’t stress this enough, you are outright wrong on this is a really bad way. If you are operating on real definitions and things still don’t make sense, it tends to mean you’re missing something. You can’t perfect an ideology just from isolated thinking. What you’ve done is effectively tried to piece together an incomplete puzzle, then started trimming the pieces and adding extra shit to make them fit.

            • SeaJ@lemm.ee
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              1 year ago

              There are many state owned enterprises that have private investors as well.

        • PersnickityPenguin@lemm.ee
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          1 year ago

          You’re actually wrong, has China does have official 5-year plans that it develops every 5 years, and they have done so since world War II. So, it is not a trope at all:

          “The Five-Year Plans (simplified Chinese: 五年计划; traditional Chinese: 五年計劃; pinyin: Wǔnián Jìhuà) are a series of social and economic development initiatives issued by the Chinese Communist Party (CCP) since 1953 in the People’s Republic of China. Since 1949, the CCP has shaped the Chinese economy through the plenums of its Central Committee and national party congresses.”

          https://en.m.wikipedia.org/wiki/Five-year_plans_of_China

          China is currently undergoing their 14th 5-year plan:

          https://www.fujian.gov.cn/english/news/202108/t20210809_5665713.htm#:~:text=China will focus on the,innovation and application of core

          https://en.m.wikipedia.org/wiki/Fourteenth_five-year_plan_(China)

          • HardNut@lemmy.world
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            1 year ago

            I didn’t say they had no 5 year plan, I said the 5 year plan isn’t inherently capitalist

    • Soleos@lemmy.world
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      1 year ago

      Economic growth and efficiency in the form of a consumer economy, which dovetails with a capitalism-oriented promotion of individual accumulation of private property–this has become a larger part of the Chinese economy not smaller

      Along side this, there’s been a greater profit motive for developing productivity as well as through market competition.

      The communist goals they’ve gradually abandoned has been things like economic equality, where their income inequality is similar to the US now and represents a highly unequal distribution of resources. Collective ownership is more of a mixed bag. Social justice is also fractured along socioeconomic lines with a high level of labor exploitation of the poorer classes by the wealthy classes. The way these problems manifest are characteristically quite similar to late capitalism in the west. Obviously there are differences and no system is entirely one or the other.