this post was submitted on 09 Jan 2024
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Young people in China are becoming more rebellious, questioning their nation’s traditional expectations of career and family

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[–] ImFresh3x@sh.itjust.works 5 points 11 months ago* (last edited 11 months ago) (1 children)

China’s own megaconglomerates aren’t doing any better. They openly steal from their populace, and exploit their workers in inhumane ways. Just look at the mass embezzlement of peoples life savings in the housing market by ultra mega sized publicly traded corporations. China is basically a hyper capitalist corporatocracy, with extra authoritarianism sprinkled in with no upside.

[–] Dinsmore@sh.itjust.works 1 points 11 months ago

Agreed that the problem is capitalism, but I don't know about "no upside." The poverty rate in China has continually decreased. While we in the west might argue that living under authoritarian rule might not be worth the tradeoff, that certainly is an upside.