Valkie wrote on Feb 8
th, 2022 at 1:10pm:
Be careful what you ask for.
No need to be careful asking for
individual success AND common prosperity, because it is perfectly achievable, all that is required is the correct political and economic system
Quote:In China, everyone has a job who wants one.
I saw that in action.
People who's job is to clean one street from top to bottom, all day, regardless of the weather.
People who sold toilet paper at public conveniences.
Well that's better than doing nothing on the dole. Meantime
China is turning out more STEM graduates than any nation on the planet, on its way to becoming double the US economy by 2035.
Quote:The pension in China, is actually higher than in Australia (as a percentafe of the average income)
Interesting.
Quote:I can just see the dole bludgers doing these jobs.
China doesn't accept "dole bludgers", it does accept responsibility for ensuring everyone has a job.
Quote: They prefer to simply sit on their arses and complain that they don't get enough.
That's the myth in Western countries who DO accept the existence of the dole....as a cop-out in their current dysfunctional neoliberal NAIRU economic systems.
Quote:Meanwhile, workers pay far too much tax so that there parasites can do nothing.
There are no "parasites" in China, as you saw.
Meanwhile the Western
"taxpayer money" myth certainly has to be replaced with an understanding of
public money as explained in MMT.