this post was submitted on 20 Aug 2023
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Memes

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[–] [email protected] 46 points 1 year ago (15 children)

Me saying a market regulated by an uncorrupt government can generate wealth for many and generate a middle class.

Okay I know people might hate me for saying this, but isn't this just modern day China? Think about it:

  • While the government is definitely not uncorrupt and has many problems with corruption, Xi has introduced many corruption purges, and billionaires in China have actually faced legal consequences up to the death penalty. When is the last time a billionaire in the west actually faced legal consequences? (Just to be clear I am not pro death penalty, just illustrating a point).

  • China introduced markets with Deng and they are regulated by the government. Though this one is controversial among the left (quite a few Maoists think China could have achieved the same or even better results without the introduction of markets to the point it was done in the 80s and 90s).

  • China has generated wealth for many to the point they likely have the largest middle class on the planet in terms of sheer numbers, and in quality of life indicators such as average life expectancy, China has overtaken the US. They also achieved the largest poverty alleviation campaign in modern history.

This is not to say that China is a perfect country with a spotless human rights record or anything like that, it's to say that we can learn from what they've achieved and take our blinders off. And it's pretty ironic that your meme lines up with that in certain aspects.

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[–] [email protected] 44 points 1 year ago (12 children)
[–] [email protected] 45 points 1 year ago (2 children)
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[–] [email protected] 43 points 1 year ago (2 children)

It's weird. It's almost like educated people skew left. So very weird...

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[–] [email protected] 42 points 1 year ago

There are hardcore liberals around here too. That's what you get when there isn't an algorithm to promote fascists.

[–] [email protected] 42 points 1 year ago

Not biased enough, way too many liberals running around here

[–] [email protected] 42 points 1 year ago* (last edited 1 year ago) (34 children)

Market != Capitalism. You can have a free market without capitalism, and capitalism without a free market.

The hexbears will attack me for saying that a regulated free market is good and a planned economy is bad. The others will attack me for saying that capitalism is bad and that we should have market socialism instead. But if we can't have that, a capitalist free market has proven much less bad than any planned economy, as long as it's regulated enough that it stays free.

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