this post was submitted on 13 Aug 2024
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China is not fascist. Read Ur-Fascism by Umberto Eco. America fits the commonly accepted fascist points far better than China currently does. China is certainly more liberal than it was under Mao, but it's not fascist.
The tendency for the Rate of Profit is falling, and will do so even when rich people grow and gross profits rise. Capitalism does care about poor people, wages are tied to subsistence + replacement (child raising), but it will pay no more until Capitalism is abolished. It is, in fact, this vector that drives decay and decline, wages cannot increase beyond it except in low supply labor fields. You may want to read Wage Labor and Capital