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submitted 6 months ago by yogthos@lemmygrad.ml to c/news@hexbear.net
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[-] Awoo@hexbear.net 62 points 6 months ago* (last edited 6 months ago)

Bloomberg seems kind of split on China. I see a bunch of pro-China content from them with a lib bent, but then they put out some garbage at other times. It's a bit weird.

China has no opinion polls, so we don’t know exactly how the population feels.

This feels like a lie? Is this something the state controls and prevents or are they making shit up?

[-] yogthos@lemmygrad.ml 54 points 6 months ago

Yeah, it's very much a mixed bag I find. The whole no opinion polls is absolutely made up. Collecting public opinion is a big part of doing the 5 year plans. Maybe they mean there are no opinion polls done by western polling agencies?

[-] MF_COOM@hexbear.net 54 points 6 months ago

They literally used an opinion poll in the article

[-] yogthos@lemmygrad.ml 48 points 6 months ago

western journalistic integrity in a nutshell

[-] ClimateChangeAnxiety@hexbear.net 46 points 6 months ago

Makes sense to me

China is objectively better at capitalism than the United States is. Bloomberg likes it when countries are good at capitalism. So China good.

However, China being better at capitalism goes against Bloomberg’s entire philosophy, they’re evil communists! So China bad.

[-] Greenleaf@hexbear.net 34 points 6 months ago

Yeah I used to know a CEO of a middling US manufacturer, and he genuinely loved China specifically because he thought they were really good at capitalism.

[-] Tachanka@hexbear.net 28 points 6 months ago

there seems to be an incredibly strong correlation between reading all 3 volumes of Marx's Critique of Political Economy and understanding how capitalism works. How could this possibly be? porky-scared

[-] 420blazeit69@hexbear.net 36 points 6 months ago

Ha it's a bald-faced lie. China even has opinion polls done by foreign institutions:

https://news.harvard.edu/gazette/story/2020/07/long-term-survey-reveals-chinese-government-satisfaction/

The survey team found that compared to public opinion patterns in the U.S., in China there was very high satisfaction with the central government. In 2016, the last year the survey was conducted, 95.5 percent of respondents were either “relatively satisfied” or “highly satisfied” with Beijing. In contrast to these findings, Gallup reported in January of this year that their latest polling on U.S. citizen satisfaction with the American federal government revealed only 38 percent of respondents were satisfied with the federal government.

[-] SeducingCamel@hexbear.net 6 points 6 months ago

Clearly the 95.5% are just afraid of getting executed in the streets by their government for saying otherwise. Don't worry about the 4.5% that nothing happened to

[-] nat_turner_overdrive@hexbear.net 29 points 6 months ago* (last edited 6 months ago)

They're making shit up

First Western polling of China that showed up in a search:https://news.harvard.edu/gazette/story/2020/07/long-term-survey-reveals-chinese-government-satisfaction/

[-] Blursty@lemmygrad.ml 20 points 6 months ago* (last edited 6 months ago)

I think they'd argue that that's not Chinese polling. And if it was a Chinese poll, it wouldn't be credible. ~Non-falsifiable Parenti quote.~

EDIT: Does the subscript thing not work or what? First time trying it.

[-] davel@hexbear.net 15 points 6 months ago* (last edited 6 months ago)

You can’t have spaces in your sub/superscript.

X ~Non-falsifiable~ ~Parenti~ ~quote,~ X

X ~Non-falsifiable~ ~Parenti~ ~quote.~ X

[-] BodyBySisyphus@hexbear.net 13 points 6 months ago

Or you can just escape the spaces. Non-falsifiable\ Parenti\ quote

~Non-falsifiable\ Parenti\ quote~

[-] Blursty@lemmygrad.ml 8 points 6 months ago
[-] Blursty@lemmygrad.ml 7 points 6 months ago

Oh duh of course. Thanks.

[-] What_Religion_R_They@hexbear.net 28 points 6 months ago

Bloomberg seems kind of split on China... a bunch of pro-China content from them... but then they put out some garbage at other times

Then there's their "The Big Hack" story where Bloomberg tells the world that China is 40 years ahead of the entire world in chip technology while also saying china bad! (/s)

[-] Diuretic_Materialism@hexbear.net 52 points 6 months ago

It was not supposed to turn out this way.

Open your article with literal cope, very strong move there.

[-] Infamousblt@hexbear.net 50 points 6 months ago

Material reality doesn't match my idealistic worldview. How can this be? I thought the world only existed inside of my head and wasn't actually a real physical thing!

[-] yogthos@lemmygrad.ml 33 points 6 months ago

what I imagine goes through a liberal mind completely unironically

[-] nat_turner_overdrive@hexbear.net 45 points 6 months ago

I wonder if the author knows they're playing dumb, or if they understand the situation but are writing articles with dumb pitches because that's all journalism is now:

A possible explanation for today’s quiet is the benign cost of living in China.

the rest of the article just details how much cheaper living is in China, how much cheaper their goods are, food is, travel is, etc. Pretty easy to connect the dots on why Chinese people are not angry, meanwhile the US administration's response to voters telling them the economy sucks is to point at a graph or the stock market and scold them

[-] yogthos@lemmygrad.ml 36 points 6 months ago

The most hilarious part for me was the whole notion that having savings is bad actually. Turns out that not having to worry about your cost of living is what makes people gloomy!

[-] freagle@lemmygrad.ml 22 points 6 months ago

Savings is bad under capitalism because the masses far outnumber the owners so if the masses can save a dollar each that's hundreds of millions of dollars the owners can't legally touch. They got around a lot of that with fractional reserve banking, but it's still a problem for them.

[-] emizeko@hexbear.net 18 points 6 months ago

savings also undermines the reserve army of labor

[-] yogthos@lemmygrad.ml 17 points 6 months ago

Yeah, this is the neoliberal brain rot where they see people having savings as being "inefficient", meanings money isn't flowing to the top.

[-] MF_COOM@hexbear.net 27 points 6 months ago

Maybe your argument could cohere if you used the same metrics for both populations. Where's your graph of income confidence for the US Shuli?

[-] yogthos@lemmygrad.ml 18 points 6 months ago
[-] mayo_cider@hexbear.net 19 points 6 months ago

US economy is doing great

For whom?

Chinese economy is collapsing

Like it has been since the 1949 according to Forbes?

[-] DamarcusArt@lemmygrad.ml 8 points 6 months ago

It's collapsed so hard it reached an integer overflow and swapped back around to being good.

this post was submitted on 14 May 2024
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