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Weird issue to pin on capitalism: seems more of an economic growth issue regardless of type. From Bars, Pride and dating apps: How China is closing down its LGBT+ spaces
Hence, the Chinese crackdown on LGBT+.
China is a capitalist society lmfao
Implies Capitalism is not at fault, proceeds to outline precisely why State Capitalism is melting down over declining birthrate. This comment is so ironic it cured my anemia.
If every economy is capitalist no matter degree of government planning, regulation, & control, then by your standard non-capitalist economies are a myth.
Demand for population growth is a general problem of economic growth rather than type of economic system. Even before capitalism, subsistence farmers would bear more children for the additional labor.
Central planning economies can be as or more destructive than the more capitalist ones: type of economy seems to have little bearing there, too. The USSR aggressively industrialized & would consistently pursue economic growth (to raise standards of living). It comes up in the Soviet constitution of 1977:
Despite their command economy, their pollution was proportionately worse than the US's
Their planners considered pollution control
and
And this generously glosses over the extent of water contamination, hazardous dumping of toxic & nuclear waste into oceans, etc.
The dependence on labor, capacity for environmental destruction, and demand for economic growth are not particular to any type of economy: they're general.
China isn't a communist country really. A state capitalist country would be better way to describe it, maybe. They participate in the markets and allow private ownership of companies. For instance BYD the fast coming EV manufacturer isn't majority owned by their federal government, but is subsidized by it.
People can argue if it is or isn't capitalism, but in the end that doesn't say communism. I'm no expert but I'd say maybe a social programs injected into a authoritarian capitalistic state.
Ehh, the capitalist class doesn't call the shots in China though, the party does. And their private corporations don't simply have shareholders, it has party representation embedded in the control structure making "ownership" moot because ultimately the party can veto or seize production at moments notice.
That being said, when Xi starts claiming socialism is inevitable, he does so to delay it's implementation.
That just sounds like a reframing of "the party are the capitalist class" though.
If the party either controls the corporations or has the ability to seize control if their priorities aren't met, where does one group begin and the other end?
Yeah companies like BYD have investors like Berkshire and Blackrock but the key is Wang Chuanfu who is in the party, and is the CEO and largest owner apparently. So he gets a lot of say in making himself richer apparently. Sounds like what Musk would have wanted for Tesla if he could have got MAGA off the EV hate