Inequality absolutely needs to be eliminated to have a truly equitable society. That said though, it’s pretty clear that China does have a dictatorship of the proletariat in place. If it didn’t then same things we see happening in capitalist societies would be happening there as well.
I don’t support the CCP, but I do think about these things. How do you create an open system like a democracy that leverages some of the benefits of capitalism, while also insuring economic inequality is minimized and every citizens basic needs are met, without gradually seeing the rich gain influence in that system over time, corroding the protections that make it work? I think as long as the system is open, the rich will use their power to gradually gain advantage and then destroy the system itself. I think the only real shot at it would be for wealth to be seriously capped. Like, no one person can have more than 100% more wealth than the bottom 1%. Anything above that should be taxed away. Also, corporations are not people and corporations should not have shareholders that are not workers.
The PRC largely keeps their bourgeoisie in line by holding almost all of Heavy Industry and large firms in the Public Sector. The owner of a rubber ball factory has far less influence over the economy than the Rubber Factory. In the PRC, banking, energy, steel, infrastructure, and many more critical industries the Private Sector must rely on are held in Public hands. That’s the basis of SWCC.
Time will tell if this was the “correct” choice, but so far the gamble appears to be paying off. There’s a long way to go, but the path forward is open and not closed.
Honestly I’m not the biggest fan of everything in China but these are the types of problems the Chinese government seems to try to figure out a lot more than our governments do.
Strengths and weaknesses. Each country has some. Often the net makes them worse than other countries, but that doesn’t mean they can’t have better aspects
Meh. Most countries round the world seem to suffer from the same problems to me. Sometimes the jack boot on your neck presses down more. Sometimes less.
Inequality absolutely needs to be eliminated to have a truly equitable society. That said though, it’s pretty clear that China does have a dictatorship of the proletariat in place. If it didn’t then same things we see happening in capitalist societies would be happening there as well.
I don’t support the CCP, but I do think about these things. How do you create an open system like a democracy that leverages some of the benefits of capitalism, while also insuring economic inequality is minimized and every citizens basic needs are met, without gradually seeing the rich gain influence in that system over time, corroding the protections that make it work? I think as long as the system is open, the rich will use their power to gradually gain advantage and then destroy the system itself. I think the only real shot at it would be for wealth to be seriously capped. Like, no one person can have more than 100% more wealth than the bottom 1%. Anything above that should be taxed away. Also, corporations are not people and corporations should not have shareholders that are not workers.
The PRC largely keeps their bourgeoisie in line by holding almost all of Heavy Industry and large firms in the Public Sector. The owner of a rubber ball factory has far less influence over the economy than the Rubber Factory. In the PRC, banking, energy, steel, infrastructure, and many more critical industries the Private Sector must rely on are held in Public hands. That’s the basis of SWCC.
Time will tell if this was the “correct” choice, but so far the gamble appears to be paying off. There’s a long way to go, but the path forward is open and not closed.
Honestly I’m not the biggest fan of everything in China but these are the types of problems the Chinese government seems to try to figure out a lot more than our governments do.
Strengths and weaknesses. Each country has some. Often the net makes them worse than other countries, but that doesn’t mean they can’t have better aspects
Meh. Most countries round the world seem to suffer from the same problems to me. Sometimes the jack boot on your neck presses down more. Sometimes less.