• Krono@lemmy.today
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    9 hours ago

    I think the “temporarily embarrassed millionaire” idea is overstated, most people I interact with have a somewhat negative outlook on the economy and their future wealth.

    I think the real issue is that no viable alternative is presented to most people.

    The alternatives presented are Russian-style authoritarian oligarchy, Islamofascism, or a Venezuela-style “socialism” in which the narrative only focuses on poverty.

    • Cowbee [he/him]@lemmy.ml
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      8 hours ago

      The PRC is absolutely a viable alternative, it’s a Socialist Market Economy that has been steadily transfering Private Property into Public Property as markets coalesce into monopolist syndicates, which are then capable of central planning.

      • hostops@sh.itjust.works
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        5 hours ago

        They have the most wild form of capitalism there is. And they married it with a lot of corruption and zero political freedom. This is not an alternative. Please.

        • Cowbee [he/him]@lemmy.ml
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          2 hours ago

          They have a Socialist Market Economy, and married it to a Dictatorship of the Proletariat following whole-process people’s democracy. One of the focuses of Xi’s presidency has been anti-corruption, along with steady socialization of the private sector. Read Socialism Developed China, Not Capitalism. You have an ultra-idealist vision of Socialism that is anti-Marxist. Private property is socialized by degree, not decree!

          • hostops@sh.itjust.works
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            4 hours ago

            Yes I have seen you in other comments. And we both know what is the actual state and level of freedom, poverty, and capitalism and corruption in China. Maybe organize a protest in China.

            I know you like their system, but for some reason you fail to see issues with their system.

        • Abnorc@lemm.ee
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          4 hours ago

          Agreed. You can’t argue with how effective it’s been for the country as a whole, but I don’t think i’d rather live there as an individual.