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> I’ve watched over the last 30 years as the “age of capital” has lifted millions out of poverty Out of curiosity what would you call China's mode of productio
by ianleeclark 6y ago
> I’ve watched over the last 30 years as the “age of capital” has lifted millions out of poverty
Out of curiosity what would you call China's mode of production?
- novok 6y agoMercantilism?
- zozbot234 6y agoSocialism with Chinese characteristics?
- rayiner 6y agoAuthoritarian capitalism: https://www.forbes.com/sites/rainerzitelmann/2019/07/08/chinas-economic-success-proves-the-power-of-capitalism/ https://www.forbes.com/sites/rainerzitelmann/2019/07/08/chin... See also: https://www.cato.org/policy-report/januaryfebruary-2013/how-china-became-capitalist https://www.cato.org/policy-report/januaryfebruary-2013/how-... China under Xu has more in common, economically, with say Korea under Park Chung-hee or Chile under Pinochet than with China under Mao.
- ianleeclark 6y agoSo then we can praise authoritarian capitalism for this massive reduction of poverty that you were doting on about. Seems like a questionable thing for you to be supporting, but to each their own.
- rayiner 6y agoObviously democratic capitalism is better, such as what happened in Sweden in the 20th century, or America in the 19th century. But authoritarian capitalism is better than socialism of any form for poverty reduction.
- ianleeclark 6y agoHuh. It's always weird when people are out in the open about their fascism. Your point of reference for, "democratic capitalism," has half of it's period with outright slavery and the other half with brutal segregation and fascist violence through Klan lynchings. That's the good part in your eyes.
- jordan_curve 6y agoI'd argue it was precisely the "democratic" part that allowed the United States to remove those practices.
- ianleeclark 6y agoCertainly not in rayiners golden era. Slavery wasn't abolished through democracy and civil rights were won 60 years after the end of rayiners golden era.
- jordan_curve 6y agoHow did we get the 13th amendment if not through the democratic process described in the constitution? There’s some semantic argument here about whether there’s a causal relationship between democracy and legislation, but that’s missing the point. Slavery in the U.S. was a democratic issue since its inception. Although Jefferson’s victory over the Federalists largely reframed the concerns of the voting populace away from slavery for most of the early 19th century, abolitionism eventually become an insurmountable movement. This movement had so much public support for and against it, that it grew into a civil war. I’m not sure how you can justify that it wasn’t democratic.
- rayiner 6y agoDemocratic capitalism defeated slavery! (The Union army was fueled and bankrolled by an alliance between Republicans in government and industry.)