I just hate how he promotes “affordable” housing and does nothing to advocate work from home. Every affordable unit is booked 10yrs in advance while developers build 150 condos and have 10 affordable. Literally tricky dickle down economics.
I think the difference is in the breadth of control they can exert. US buying 10% stake in Intel, bailing out auto manufacturers, giving tax incentives to expedite select industries, etc… are very similar to Chinese state control, but not identical.
Fair assessment that’s it’s not a true communism, but it mimics the aftermath of a failed communism which is seen over and over, hence the reference.
Maybe add value to a conversation instead of arrogantly thumping your chest like you know everything?
China has a state controlled economy. No business persists unless allowed. That’s closer to a communist setup than a free market.
It also removes incentive to invest in research, so you need a balance. In communism, that’s not as big a problem.
Don’t forget the stockpiles of cash by not fairly paying their labor. The PRC has been playing the long game.
Let’s use a school bully allegory to see how bad it is.
Big Bully has been stealing lunches and sitting on Little Billy since Big Bully moved into town. Little Billy kicks his shin and steals a nickel and hides it. Big Bully retaliates by pulling off Little Billy’s fingernail and promises to stop if he gets his nickel back. Little Billy complies; Big Bully continues pulling the next fingernail.
All of the teachers are watching horrified, but the superintended is Big Bully’s parent.
I’m starting to believe natural selection didn’t just get us to where we are, it kept us here.
The genetic variation in the human brain will lead to more and more good and bad variations generation after generation. Stupidity used to have deadly consequences, now it’s just poverty (or the White House).
Our society wants to be inclusive and accepting and liberating and safe, but what if that just doesn’t work with our current make? What if these mild deviations and mutations only progress forwards when the weak traits perish? We don’t have that mechanism anymore so weak and dangerous personality traits persist and continue to vote.
It’s a scary thought, but I can’t see anything wrong with the logic, especially observing how it’s taking hold across the globe.
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In a fair world, we would be celebrating our machine labor achievement and enjoy our free time. Instead we have capitalism and virtual luddites shouting to protect menial labor.
Humanity… sigh
That we don’t afford consumers luxuries to lure them in, they need to fill their own neighborhoods. If no one wsnts to work there, maybe they need more lucrative and exciting work.