49
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 15 Sep 2024
49 points (100.0% liked)
China
2027 readers
16 users here now
Discuss anything related to China.
Community Rules:
0: Taiwan, Xizang (Tibet), Xinjiang, and Hong Kong are all part of China.
1: Don't go off topic.
2: Be Comradely.
3: Don't spread misinformation or bigotry.
讨论中国的地方。
社区规则：
零、台湾、西藏、新疆、和香港都是中国的一部分。
一、不要跑题。
二、友善对待同志。
三、不要传播谣言或偏执思想。
founded 4 years ago
MODERATORS
What do you mean "with no capitalists to finance in China"?! There is objectively and obviously a Chinese bourgoisie, and this is therefore funneling money to them just like it would be doing anywhere else in the world.
What is quoted after is of course true of the USSR between the end of the NEP and the revisionists restoring capitalism, but we already have overwhelmingly widespread capitalism (privately owned MoP producing commodities, extracting surplus value through wage labor) in China, the two systems are extremely different.
Explain the mechanism by which the pension funds get funneled to the Chinese bourgeoisie in the PRC. Capitalists never touch public money in China, hence they are not financed by the PRC.
Ah, I see what you're saying now I think, so it would still be benefiting the capitalists (expanding the labor pool does that) but, in terms of direct finances, it doesn't really intersect with them.
Yeah, I was being very specific but I can see where the confusion came from. Thanks.