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Why are folks so anti-capitalist?
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this post was submitted on 20 Jul 2023
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Can you point to a socialist country where it has resulted in better outcomes than its peers? Cuba might be a contender but then there's also Venezuela next door...
I do not consider China to be a socialist country. It is a market economy where your average Foxconn employee no more controls the means of production than your average Detroit autoworker. My understanding is that China doctrine states socialism is one big long term TODO (with ever moving goalposts), requiring their economy and material wealth to have grown first. Well, you can't deny it's grown but I'm still hearing a lot about Chinese billionaires while there's also a huge swath of Chinese rural poor.