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Economic Theory is Fun tho. (lemmy.ml)

submitted 11 months ago by [email protected] to c/[email protected]

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[–] [email protected] -2 points 11 months ago* (last edited 11 months ago) (1 children)

Communism is a classless stateless society, parents within our society literally own their children as property.

This likely also explains the continued popularity of communism as a political philosophy, especially among young people. Going out into the world, where there is competition and conflict is jarring, and the wish for society to be organized more like a family unit is understandable, although it is far more difficult to organize a large country in this way than a household of no more than, say, a dozen people.

Remind me again, what is the political ideology of the new world superpower? The one with 1.4 billion people? You know, now that the capitalist US empire is in obvious terminal decline.

[–] [email protected] -1 points 11 months ago (1 children)

Are you talking about China? If so, I'm afraid they're communist in name only. They realized many years ago that Marxist economic theory doesn't work and began to integrate capitalist principles into their economy. There are banks, there is a stock market, and there is private ownership of the means of production, although all of these are tightly regulated by the state and can be rescinded at any time or for any reason (such as not paying enough bribes).

De facto, China is a capitalist-fascist state more comparable to WW2 Germany than anything Marx ever came up with.

[–] [email protected] -3 points 11 months ago* (last edited 11 months ago)

Are you talking about China? If so, I’m afraid they’re communist in name only. They realized many years ago that Marxist economic theory doesn’t work and began to integrate capitalist principles into their economy.

You're kind of incredibly ignorant on China. They're a mostly publicly controlled economy.

Source: https://www.piie.com/research/piie-charts/chinas-state-vs-private-company-tracker-which-sector-dominates

The reasoning for a private sector is to prevent economic and technological siege.

Also marxist economic theory is literally just a structured critique of capitalism. It doesn't have anything to say about socialism or communism, that is marx's other works.

De facto, China is a capitalist-fascist state more comparable to WW2 Germany than anything Marx ever came up with.

I would really suggest reading "Economy and class structure of german fascism" and comparing it to the political and economic situation of China. (And actually understand those situations, not just passively absorb ideas from anglophone media) This isn't meant to be a dig, but this level of political illiteracy is embarrassing.

than anything Marx ever came up with.

Have you literally read any book that Marx wrote? (The manifesto is a manifesto, it doesn't count, but I'd also be interested in knowing if you've read that)