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If you look on Alibaba or AliExpress and see different companies competing and undercutting each others prices, I don't really see it as a planned economy.

by sva_ 21d ago

dghlsakjg 21d ago
I think a better term might be a “steered economy”. You see fierce competition in some very specific and preordained market areas. Lithium batteries, solar panels, electric cars, industrial and autonomous robots, AI. Now go look at the 5 year plan from Beijing. Green technology, robotics, mature node chips, and AI are the focuses. In other words, it isn’t a mistake that China dominates in the industries that it does.
throwup238 21d ago
The CCP publishes their primary central planning mechanism for all to see. They just adopted the new 15th Five Year Plan in March [1]. There’s a whole bureaucracy just to coordinate the implementation at the sector, provincial, and corporate level driven by the State Council, NDRC, and NPC. Governments at all levels are involved with coming up with their own implementation plans to execute on the Five Year Plan. You can trace decades of Chinese industrial development to those plans but the Chinese system is very different from the Soviet central planning mechanism, which is why I think you’re misinterpreting Alibaba’s price competition. The CCP explicitly allows non-state owned enterprises like Alibaba and the manufacturers on it to compete; that’s their whole point within the system, and they operate within the regulatory environment setup to promote the five year plan instead of quotas like the Soviet system. The resolution of the planning is different, but it’s very much there. [1] https://en.wikipedia.org/wiki/15th_Five-Year_Plan https://en.wikipedia.org/wiki/15th_Five-Year_Plan
- mitxela 20d ago
  If that's central planning then the USA is also centrally planned.
  - throwup238 20d ago
    Please point to the US central planning mechanism.
    - mitxela 19d ago
      > The [Congress] explicitly allows non-state owned enterprises like [Google] and the manufacturers on it to compete; that’s their whole point within the system, and they operate within the regulatory environment setup to promote the [current political agenda] instead of quotas like the Soviet system. The resolution of the planning is different, but it’s very much there.

If you look on Alibaba or AliExpress and see different companies competing and undercutting each others prices, I don't really see it as a planned economy.

by sva_ 21d ago

If you look on Alibaba or AliExpress and see different companies competing and undercutting each others prices, I don't really see it as a planned economy.

dghlsakjg 21d ago

I think a better term might be a “steered economy”. You see fierce competition in some very specific and preordained market areas. Lithium batteries, solar panels, electric cars, industrial and autonomous robots, AI. Now go look at the 5 year plan from Beijing. Green technology, robotics, mature node chips, and AI are the focuses. In other words, it isn’t a mistake that China dominates in the industries that it does.

throwup238 21d ago

The CCP publishes their primary central planning mechanism for all to see. They just adopted the new 15th Five Year Plan in March [1]. There’s a whole bureaucracy just to coordinate the implementation at the sector, provincial, and corporate level driven by the State Council, NDRC, and NPC. Governments at all levels are involved with coming up with their own implementation plans to execute on the Five Year Plan. You can trace decades of Chinese industrial development to those plans but the Chinese system is very different from the Soviet central planning mechanism, which is why I think you’re misinterpreting Alibaba’s price competition. The CCP explicitly allows non-state owned enterprises like Alibaba and the manufacturers on it to compete; that’s their whole point within the system, and they operate within the regulatory environment setup to promote the five year plan instead of quotas like the Soviet system. The resolution of the planning is different, but it’s very much there. [1] https://en.wikipedia.org/wiki/15th_Five-Year_Plan https://en.wikipedia.org/wiki/15th_Five-Year_Plan

mitxela 20d ago
If that's central planning then the USA is also centrally planned.
- throwup238 20d ago
  Please point to the US central planning mechanism.
  - mitxela 19d ago
    > The [Congress] explicitly allows non-state owned enterprises like [Google] and the manufacturers on it to compete; that’s their whole point within the system, and they operate within the regulatory environment setup to promote the [current political agenda] instead of quotas like the Soviet system. The resolution of the planning is different, but it’s very much there.