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One more bailout bro
(lemmy.world)
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this post was submitted on 27 Oct 2025
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I don't support authoritarianism, regardless of how close to communism it is. But at least China invests in its people.
I really wish they didn't do mass surveillance and have political prisoners. And all that other bad stuff. Being a homosexual is illegal and not socially acceptable (per a lesbian from China I was in grad school with who told me this).
But you gott a give China credit for investing in their people.
The thing is, China is still capitalist.
It's just regulated a bit better and the government officials are more educated and see that innovation and investment will make them more wealthy in the long run.
I guess their system is a bit of a hybrid. Capitalism and socialism.
But it's not full communism no matter what they say. The workers don't own the companies.
China is capitalist and authoritarian. Their investment in their people is done with the goal of neo-colonialism as they use their wealth and influence to indebt growing nations to China. They invest in their people, but only enough to stave off mass protests. We see a lot of wealth come out of China, but remember that we could witness China uplift an equivalent amount of people to the entire population of the U.S. and they would still be oppressing a larger percentage of their population.
It looks like it's working in contrast to the U.S. right now because we are currently crashing out as a nation, rewarding cash-grabbing opportunists even more than we have for all of U.S. history. Idk, there is a chance we fully burn up in this shit show going on right now and that would de-facto make China's system technically better, but I think that's the only way. I mean the atrocities China has committed against its own people and people around the world in recent decades is ridiculous. I know you weren't going to bat for China don't worry.