128
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 26 Aug 2024
128 points (95.7% liked)
news
23419 readers
761 users here now
Welcome to c/news! Please read the Hexbear Code of Conduct and remember... we're all comrades here.
Rules:
-- PLEASE KEEP POST TITLES INFORMATIVE --
-- Overly editorialized titles, particularly if they link to opinion pieces, may get your post removed. --
-- All posts must include a link to their source. Screenshots are fine IF you include the link in the post body. --
-- If you are citing a twitter post as news please include not just the twitter.com in your links but also nitter.net (or another Nitter instance). There is also a Firefox extension that can redirect Twitter links to a Nitter instance: https://addons.mozilla.org/en-US/firefox/addon/libredirect/ or archive them as you would any other reactionary source using e.g. https://archive.today . Twitter screenshots still need to be sourced or they will be removed --
-- Mass tagging comm moderators across multiple posts like a broken markov chain bot will result in a comm ban--
-- Repeated consecutive posting of reactionary sources, fake news, misleading / outdated news, false alarms over ghoul deaths, and/or shitposts will result in a comm ban.--
-- Neglecting to use content warnings or NSFW when dealing with disturbing content will be removed until in compliance. Users who are consecutively reported due to failing to use content warnings or NSFW tags when commenting on or posting disturbing content will result in the user being banned. --
-- Using April 1st as an excuse to post fake headlines, like the resurrection of Kissinger while he is still fortunately dead, will result in the poster being thrown in the gamer gulag and be sentenced to play and beat trashy mobile games like 'Raid: Shadow Legends' in order to be rehabilitated back into general society. --
founded 4 years ago
MODERATORS
Yes, but it was local planning, which was a planning responsibility and scope delegated by central planning. Contrast this with China where there is a stock market and commodities market.
While the stock market does exist in China, it operates within a socialist framework, guided by the principles laid out by Chen Yun who advocated for a "birdcage economy," where the market acts as a bird, free to fly within the confines of a cage representing the overall economic plan. This idea was adopted in the early 1980s,to allow for use of market forces to efficiently allocate resources, while the state maintained ultimate control over the direction and goals of economic development. In this model, the state still acts as the planner, setting the overall goals and priorities, while the market, acting as the allocator, determining the most efficient way to achieve those goals.
It's also worth noting that the market operates under strict regulations to curb speculation and short-term profit-making, ensuring its primary function as a tool for economic development rather than a platform for wealth accumulation. The recent dismantling of the Alibaba Group into six separate business is a great example of the state overriding the market.
Great info and I'm glad you got a chance to post it for everyone to see. This is the richer version of the point I was trying to make - that certain things can currently be attributed to the market dynamics instead of directly to central planning. I think you've illustrated well how central planning creates the conditions for the market to behave better than it does in liberal societies.
I think you've also illustrated how the Chinese solution differs from the Soviet solution.