China and the USSR were feudal agrarian states before Communism turned them into industrial powerhouses.
They quite literally created their own means of production faster than any other civilization in history.
the vast majority of China’s investment and all of its land are socialized. if that’s capitalism, why the hell don’t we do it? China’s state owned finance system objectively saved them from Soros manipulation and the 2008 crisis
Mises wasn’t an economist, he was a priest.
Marx was a rigorous materialist who ruthlessly interrogated all dogmas.
Mises believed in an idealist fantasy version of capitalism with zero state intervention, and upheld the dogmatic belief that this unregulated system, which has never actually existed historically, would somehow function in perfect harmony with humanity’s development & needs.
Marx, on the other hand, analyzed the capitalist mode of production, and the modes of production which birthed it, as they actually existed in reality.
This is why he was able to predict the rise of central banking & its increasing control over the economy, while Mises simply whined about central banks not being “real capitalism” as he imagined it in his head.
Marxism is the scientific method applied to political economy. Austrian economics is a religious dogma that believes in the benevolence of the unregulated market.
There can be no real comparison between the two when it comes to intellectual rigor.
🇺🇸 JAKE SHIELDS and American Communist Party chairman HAZ AL-DIN discuss what communism really is.
"We need to restore a principle of the Common Good."
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Prof. Michael Hudson on the vocabulary of deception:
"Liberalism" is central planning by Wall Street and the Pentagon. "Democracy" is oligarchy with a vote for the manager. China, by acting on behalf of its population, is more democratic than the West.
🇨🇳 Xi Jinping said that the state must be controlled by the people, and not the other way around.
"State organs must change from controlling the public to serving them, and accept public oversight."
"We need to keep to the socialist path of political advancement with Chinese characteristics, and drive the development of China’s socialist democracy while remaining committed to the smooth integration of Party leadership, the running of the country by the people, and law-based governance."
"We also need to strengthen institutional guarantees for the running of the country by the people, hasten the modernization of China’s governance system and capacity, give full play to the people’s enthusiasm, initiative, and creativity, and more firmly and effectively implement a people’s democracy."
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Communism killed 875,000,000,000 trillion people in the Great Gulagdomor. Just in the past 45 seconds.
Listen up, commie, I'm citing real historical fact.
It's all in this book by Phd historian Simon Epstein Diddy Weinstein Child Molesterstein from Tel Aviv University!
🇨🇳 Xi gave comments about reconciling how Communist China can coexist with a market economy.
"Marx and Engels did not envision a market economy under socialism and, therefore, could not foresee how socialist countries would treat capital," he said.
"During the era of Lenin and Stalin, the Soviet Union implemented a highly centralized planned economy and largely avoided the problems of large-scale capital."
"The development of a socialist market economy is a great creation of our Party. As it is a socialist market economy, it will inevitably generate capital in various forms."
"We must explore how to harness the positive role of capital and, at the same time, effectively control its negative effects under the conditions of a socialist market economy."
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This is idiotic.
Lenin & the Bolsheviks cancelled all of Russia’s World War I debts which allowed them to prosper during the Stalin era.
Meanwhile, the banking class used similar debts to drain the UK & France of all their wealth, forcing them to take more & more reparations payments from Germany in order to pay off their loans.
This is what created the conditions for World War II and made Europe the subservient neocolony of US financial elites that it is today.
The Bolshevik Revolution was a DISASTER for bankers like the Rockefellers. It literally stopped them from taking over the entire world. And the predatory debts of these bankers were cancelled under LENIN, Stalin simply carried on his vision by applying Marxist-LENINIST theory, a term which Stalin himself coined.
People like this want to divorce the legacy of Stalin from that of Lenin in order to make the former some kind of Nationalist mascot, rather than the ardent Communist & Marxist-Leninist theorist that he actually was.
Stalin would be genuinely disgusted by these falsified smears of Lenin and his comrades in the Bolshevik Party. Heroes of humanity who freed Russia from the shackles of the banking class & saved the world from the threat of Nazism.
In 2022 China gave Rwanda a loan to construct a 6.36 Km road in Kigali.
When China saw how good Rwanda used the loan and how great the road looked,
China cancelled Rwanda's $7.1 million debt
Until we have a communist dictatorship of the proleterian here in India that is built with the single purport of materially improving the lives of its own people, India will continue to be a massive shithole.
As history has proven, this is the only way forward.
When it comes to judging a country, the ultimate benchmark is how its own people see it: how Chinese people view China, how Americans view the USA, how Swiss people view Switzerland.
As outsiders, no matter what, we all carry our biases and look through our own lenses.
So when it comes to China, after more than three decades living there, I have yet to meet a single Chinese person who isn’t proud of the country’s achievements >>> of how life is getting materially better year after year, and how optimistic people remain about China’s future.
It’s almost frustrating: I struggled to find real flaws in the system simply because it keeps delivering tangible results.
This reality puts the West to shame >>> and believe me, that doesn’t make me happy at all.
The collective West could do far better >>> by learning from China, and above all, by choosing to coexist and build together a better world for our common destiny.
@Tusharufo2 Lol I get it, you're an edgy liberterian who thinks in binaries -
Communism bad. Capitalism good.
Once you let go of the need to try to prove yourself right, you might find the truth.
Until then, keep repeating American propaganda.
As Mao said, to be attacked by the enemy is a good thing. If you're hated by regime shills, Zionists & their slaves, you're doing something right.
Iran is already teaching them Husayn's lesson: Those who dedicate their lives to temporary worldly gain at the expense of eternal principles, will both lose all that they have gained and enjoy eternal disgrace.
Yazid thought he was victorious after committing his despicable crime. He died only 3 years later, and to this day his legacy is that of a cowardly, despicable criminal, and Husayn lives on as an eternal hero of mankind.
@Tusharufo2 Without realising you're doing so. I'm sure you'll change your mind once you're able to get rid of all the falsehoods poisioning your mind about socialism/communism.
@Tusharufo2 You remind of my days of being a libertarian. I was impressed by a lot of these talking points until I discovered Marxism-Leninism. I wont spend my time refuting the blatant way in which you misinterpret China under Mao, as you're likely just parroting American propaganda.
@Tusharufo2 I don't think capitalism = free market. Markets have always existed. India needs to do more to improve the numbers above, but capitalism is a system that thrives off of profit/growth for the sake of it.
@Tusharufo2 China still calls itself communist and government controlled organizations contribute 40% of their GDP. They freed up their markets but not at the cost of letting monopolies buying off the govt.
Their model clearly works much better than whatever we have in here.