I wish Marxists would stop pushing atheism as “superior,” as if Christians (or Muslims, etc.) are incapable of analysis beyond “because God” or w/e
I don’t ask God, “how do I build revolution.”
For the same reason that I don’t ask Marx, “how do I be more kind to myself.”
this is nothing new. it’s exactly the same as what happened in weimar germany.
liberalism cannot meet the demands of the people because it tries & inevitably fails to straddle the widening contradictions in capitalism. this allows fascists to divert attention onto easy targets.
You've doubtless read the numerous headlines these past few days on how Xi Jinping called for the Yuan to "become a global reserve currency."
That's true, he actually said that. But, as is often the case, Western media are missing the forest for the trees.
This is extracted from a speech in which Xi laid out a much grander vision of what a “modern financial system with Chinese characteristics” (中国特色现代金融体系) would look like, essentially China's answer to Wall Street.
Fascinatingly, and in stark contrast to the actual Wall Street, Xi's main argument is that what matter most aren't the institutions or status that China is seeking to build up - such as having the Yuan as a global reserve currency. Those are secondary.
Xi argues that what truly will make or break the system is its moral culture. As he describes it, the Western financial system is nihilistic, counterproductive and ultimately politically destabilizing.
Nihilistic in the sense that finance without moral purpose becomes self-referential - it stops serving anything beyond itself. He calls it "脱实向虚" ("drifting from the real economy into the virtual"): when finance detaches from the real economy, it loses its reason for existing. It’s not creating wealth, it’s just moving numbers around.
Counterproductive in the sense that it actually destroys the thing it depends on. As Xi explains "if [finance] becomes obsessed with self-circulation and self-expansion, it becomes water without a source, a tree without roots" (无源之水、无本之木). In other words, finance detached from the real economy - like a tree that has severed its own roots - ultimately kills the economy.
Lastly, politically destabilizing in the sense that financial elites captured by greed become ungovernable - they corrupt regulators, buy politicians, evade accountability. The Qiushi commentary on Xi's speech is extremely blunt about this (https://t.co/PT1EIIft5B): they say Xi seeks to "avoid the Western predicament of financial oligarchs hijacking public policy and deepening social division."
“Financial oligarchs hijacking public policy” (“金融寡头绑架公共政策”) is remarkably blunt language. It's essentially saying that the West allowed oligarchs to capture the state (not wrong!).
To avoid all of this, Xi lays out a vision for - in many ways - an anti-Wall Street: a 金融强国 ("financial powerhouse") that puts serving the real economy at its core. A system that - Xi argues - will ultimately make the Yuan a global reserve currency precisely because, ultimately, a global reserve currency is backed by trust. That's the forest: how you build trust is what matters.
In my latest article I break down the full speech, how exactly Xi proposes to build this anti-Wall Street and what it reveals about a question we in the West have stopped asking: what is our financial system actually for?
Full article here: https://t.co/JVmvdk8M9M
@CanadaDry42 That's just the market correcting itself, then. It's a temporary deviation that meat is so cheap—just like how clothing is underpriced because fast fashion relies on the underpaid labor of poor countries.
@FriendOfAstraea Actually people are more able to fight their own government when they're not preoccupied fighting the foreign, genocidal, terroristic empire government dipshit
@SelekediM Do you know wha propaganda is?
Genuinely, take a moment and think back, tell me where you heard that it’s “dark at night over there.” How is it that this “fact” has ever been brought to your attention.
Now tell me that that source was not at all propaganda.
One of the funniest things about being a communist is how liberals and conservatives will parrot the same propaganda like they are sharing some little known piece of information.
"Yeah man I'm a communist"
"Bro, did you know Stalin ate all the grain in Ukraine?"
@CrippledOjisan There’s a difference between building yourself up and tearing others down. The world is not so black and white that a place as big as China may entirely engage in one without the other, but whichever one is primary determines the outcome. Hence China builds EVs, US builds bombs.
The Chinese solar industry is churning out solar panels faster than anyone can plug them in and they’re so cheap now that many communities around the world that didn’t even have consistent access to electricity before can afford them
The government loses over $600 billion a year running the military and I can’t think of any positive externalities or benefits to it. Why not complain about that instead?