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Yellow Peril is back in StyRule
(lemmy.tf)
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this post was submitted on 01 Oct 2023
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It's not just America. The CCP specifically knew what American shareholders wanted and provided a cheap source of labor for foreign businesses. By depressing the Yuan the government kept prices for services low when compared to any domestic company. It was a plot started by ruthless executives looking to sacrifice anything for lower operating costs but it was recognized and abused when the Chinese government saw how to exploit it.
And then CCP announced "Made in China 2025" a few years back and suddenly everyone realized they have been played like an absolute fool.
What's wrong with it?
This is the main reason I don't even criticize China for compromising on their socialism a little. If you were in their situation you'd do the same.
I'm confused here. To me, it looks like China has entirely sacrificed communism in favor of commerce, and is using the power of a one-party system to keep workers lives shitty in order to dominate global manufacturing. There's no communism at all, there's just power and wealth being grabbed by the governing party.
Is it socialism or is it communism or is this just another discussion with people who understand the words they use?
Something something material conditions. China is a country which is barely held together by glue and prayers. There are lots of times when they do act socialist, for example the meme of "China Consequences" for billionaires who blatantly break the law. That shit don't fly there.
They also secured a stranglehold over the global rare earth element market. Whoops.