Except that Shanghai is growing and there are less poor Chinese people the more it does. China was waaaay waaaaay poorer during the Communist Maoism. China wouldn't be so powerful atm if they didn't used Capitalism the way they are doing it.KaZuYa said:You do realise there's never been a communist state on run to true communist ideals right? confusing dictatorships and fascist police states with communism is a trick coined by the US to create a global threat to consolidate power after the second world war. Also since you brought up China, there is the perfect example of what's wrong with capitalism, 99% of the population poor and exploited working in extremely low paid jobs while the less than 1% are making vast sums of money off their backs.Lazule said:Nope not real at all. Its a nice ideal but unrealistic at best, it made the US popular for a while through but in the end is just a sham.
But countries would be worse off with Communism. Capitalism right now is the meta since everyone is competing, the ones that have a true mastery over it are the Chinese more specifically Shanghai. They are going to be the world #1 Economic Power in the future no doubt.
The freedom of market there is quite nice. Which is ironic since the governing party in China has its roots in Communism, they realized the system didn't work and went full meta and now they are kicking-ass economically.
And I know... "dictatorship" you will say well I agree but its a lot easier to have a dictatorship in a communist goverment, way easier they just lower the salaries of everyone else and the party members rise their own. *Bam* there you go is that easy since they control most of the economy not the private people, since there is not a private property sector.
I'm not praising Capitalism tho I know its flaws and I know why it can crash on the long term but it is a lot better than communism, just for the simple private property and freedom of market there is. Maybe someday something better, new and fresh will replace this economic meta.
I like that analogy. Those shoes are Shanghai and they are kicking-ass with them. I'm highly interested in what will happen with the rest of China in 20 years from now I'm quite sure they will take the #1 economic super power spot.Tono Makt said:At best, China is trying on a Capitalist shoes to see if it's worth buying the rest of the outfit. That is the depth of the capitalism in China right now - superficial and non-committal.