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A contributing factor is also that they are a Communist State with a lot of people that need jobs! You could argue that Full Employment is tenet of Communism.

A contributing factor is also that they are a Communist State with a lot of people that need jobs! You could argue that Full Employment is tenet of Communism. I'll leave debate about what Communism is and what the CCCP is and isn't to the rest of the internet. I'm sure there are people out there who would love to have a conversation about it... LOL ;-)

yieldcrv 3y ago
One of the best things about doing business and also non monetary interactions globally is opting out of local distractions As soon as you unsubscribe to US perspectives, nobody is detailing conversations about the PRC ultimately winning that territory and the ways it behaves, it is very easy to operate there on a day to day basis
snapcaster 3y ago
Your brain has been melted by US media I'm afraid. Using 20th century soviet style communism as your mental model for modern China won't serve you well
dontlaugh 3y ago
It’s certainly true that the state has different behaviour when ruled by the working class (like in China, Vietnam, Cuba) vs the capitalist class (like in most other countries). That doesn’t necessarily mean everything is centrally planned vs everything is a market. A variety of approaches can be used to satisfy the interests of the ruling class, within the constraints they have. So in China there is definitely state intervention to ensure there are enough good jobs. But that can also mean speeding up development and automating so the jobs are better, while creating new jobs by producing new things society needs or wants.
- dudeofea 3y ago
  I don't know about Vietnam and Cuba, but what evidence is there that China is ruled by the working class?
  - dontlaugh 3y ago
    There was a revolution led by the working class. The material conditions of the working class have been improving since, while in similarly developed capitalist countries the reverse is true. Banks and land are all collectively nationally owned. Capital controls are strong enough that not even the richest can move too much of their wealth outside the country. Capitalists are subject to the law frequently, even billionaires are imprisoned.
    - yieldcrv 3y ago
      I’m not a chinaphobe at all but that’s a rich interpretation Communism relies on 2 phases, the first phase requires all power and resources consolidation in a standing committee, the second phase then allows for the collective communist nirvana. The second has never happened anywhere. The standing committee realized that and switched away from attempting that, veering to state capitalism to bring a controlled set of benefits from capitalist drive. They still teach that they are doing marxism but there is nothing working class about the party. One way to corroborate this is to look at what the Tianemen Square protesters wanted. They wanted democracy: to democratically vote in more communism. The standing committee is not interested in that. People that fall for “true communism” - phase 2 - always get disillusioned when they notice the wool pulled over their eyes by a select few taking all resources for themselves, instead of for “collective” ownership by the workers.
      - dontlaugh 3y ago
        Or alternatively, the events in 89 were part of a wider trend in socialist countries of NATO-backed violent uprisings with merely rhetoric of democracy. For example, I have spoken to many Romanians that lived through the 89 events who see it as a coup against socialist democracy. It succeeded in România, it failed in China.
        yieldcrv 3y ago
        That can also be true simultaneously with the existing sentiment of the time, there are a lot of opportunists everywhere
phatskat 3y ago
They’re a state that in theory is attempting to move towards communism - china’s government is not communist yet. Actual communism would be a much different looking country. Also, communism and automation _absolutely_ go hand in hand. Both socialism and communism have no absolute need for employment, that is a very capitalist view. The requirement for communism and socialism is that every one’s needs are met. So long as the state can provide food, shelter, etc, the only reason people should have to work is to help meet those goals through production.

yieldcrv 3y ago

One of the best things about doing business and also non monetary interactions globally is opting out of local distractions As soon as you unsubscribe to US perspectives, nobody is detailing conversations about the PRC ultimately winning that territory and the ways it behaves, it is very easy to operate there on a day to day basis

snapcaster 3y ago

Your brain has been melted by US media I'm afraid. Using 20th century soviet style communism as your mental model for modern China won't serve you well

dontlaugh 3y ago

It’s certainly true that the state has different behaviour when ruled by the working class (like in China, Vietnam, Cuba) vs the capitalist class (like in most other countries). That doesn’t necessarily mean everything is centrally planned vs everything is a market. A variety of approaches can be used to satisfy the interests of the ruling class, within the constraints they have. So in China there is definitely state intervention to ensure there are enough good jobs. But that can also mean speeding up development and automating so the jobs are better, while creating new jobs by producing new things society needs or wants.

dudeofea 3y ago
I don't know about Vietnam and Cuba, but what evidence is there that China is ruled by the working class?
- dontlaugh 3y ago
  There was a revolution led by the working class. The material conditions of the working class have been improving since, while in similarly developed capitalist countries the reverse is true. Banks and land are all collectively nationally owned. Capital controls are strong enough that not even the richest can move too much of their wealth outside the country. Capitalists are subject to the law frequently, even billionaires are imprisoned.
  - yieldcrv 3y ago
    I’m not a chinaphobe at all but that’s a rich interpretation Communism relies on 2 phases, the first phase requires all power and resources consolidation in a standing committee, the second phase then allows for the collective communist nirvana. The second has never happened anywhere. The standing committee realized that and switched away from attempting that, veering to state capitalism to bring a controlled set of benefits from capitalist drive. They still teach that they are doing marxism but there is nothing working class about the party. One way to corroborate this is to look at what the Tianemen Square protesters wanted. They wanted democracy: to democratically vote in more communism. The standing committee is not interested in that. People that fall for “true communism” - phase 2 - always get disillusioned when they notice the wool pulled over their eyes by a select few taking all resources for themselves, instead of for “collective” ownership by the workers.
    - dontlaugh 3y ago
      Or alternatively, the events in 89 were part of a wider trend in socialist countries of NATO-backed violent uprisings with merely rhetoric of democracy. For example, I have spoken to many Romanians that lived through the 89 events who see it as a coup against socialist democracy. It succeeded in România, it failed in China.
      - yieldcrv 3y ago
        That can also be true simultaneously with the existing sentiment of the time, there are a lot of opportunists everywhere

phatskat 3y ago

They’re a state that in theory is attempting to move towards communism - china’s government is not communist yet. Actual communism would be a much different looking country. Also, communism and automation _absolutely_ go hand in hand. Both socialism and communism have no absolute need for employment, that is a very capitalist view. The requirement for communism and socialism is that every one’s needs are met. So long as the state can provide food, shelter, etc, the only reason people should have to work is to help meet those goals through production.