Chinese Reaganomics

Epic

topkek

didn't Stalin do the same exact thing? it worked in his country.

They also have five year plans, state ownership or plurality ownership stakes in a majority of the economy, and the death penalty for corporate crime.

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China's financing industry is completely different from what you'd see in a typical neoliberal capitalist society. I'd say it's a lot more like what we'd see under Communism than Capitalism tbh, even though China is still essentially C-M-C.

This guy is literally (literally) literally the only useful post in this thread.

If I see that fucking cat one more time.

Yeah, I'm sure their empty vanity cities (
afr.com/news/world/asia/chinas-ghost-cities-and-their-multibilliondollar-debt-20180404-h0ybjz), concentration camps and controlled media etc. have been the real source of their recent economic success. It's totally not the new things they've been trying in the form of participating in conventional market economics, inviting foreign investment or having tax rates lower than or highly competitive with most other developed nations that don't even purport to be Socialist, let alone Communist, themselves (en.wikipedia.org/wiki/List_of_countries_by_tax_rates ; ft.com/content/9cbfac2c-7db8-11e8-bc55-50daf11b720d). Added to that, a distinct lack of the wasteful "humanistic" cosmopolitanism plaguing western nations, surely it's because of the same stupid authoritarian command economy shit they'd been doing unsuccessfully for the 60 years prior lmoa

See graph and that big fat flatline during the Zedong regime

Never forget that "the largest population boom in human history" would have been a mass extinction event without American scientist Norman Borlaug

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liberalizing industry is not the same as having capitalism. China literally does all the investment themselves, there are no independent financial actors (aka capitalists)

The fuck is Jack Ma then laddie?