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Tank engine (lemmy.ml)
submitted 1 year ago by geneva_convenience@lemmy.ml to c/memes@lemmy.ml
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[-] SlayGuevara@lemmygrad.ml 36 points 1 year ago

Lemmygrad admin here. I normally don't look at reports from other instances but for this I had to make an exception. Probably the dumbest shit I have read so far lmao.

[-] Cowbee@lemmy.ml 16 points 1 year ago

What did the report say? Lmao

[-] davel@lemmy.ml 14 points 1 year ago

Reason: "state capitalist"

Hence my reply:

Because the Chinese state has fiat monetary sovereignty, it doesn’t function in the capitalist mode. It has no need to make a profit because it has infinite money[1]. It doesn’t need to extract surplus value from workers to satisfy investors, and it doesn’t even need to break even. The logic of capitalism doesn’t apply.

Ultras fear the scroll.

this post was submitted on 31 Jan 2025
318 points (77.6% liked)

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