freediver wrote on Jan 27
th, 2022 at 6:34pm:
Again, there is no contradiction. We could criticise America for having illiberal trade policies or too much welfare....
No we couldn't criticize the US for having "too much welfare",
what planet are you living on? As for "illiberal trade policies" the US claims to be the bastion of liberalism and free-trade.
Quote: but that would not mean that the US does not have market capitalism rather than socialism as it's core economic policy.
GIGO....
Quote:This is the second time this has been explained to you. Are you having difficulty understanding the concept?
Addressed above; your argument suffers from GIGO because it has no relationship to reality.
Quote: Or has the propaganda ministry demanded that Trump stop criticising them and give them a little applause instead before they admit to using free market capitalism?
They don't use free-market capitalism
in the manner Trump demands of them ie, without state subsidization of industry.
Quote:The CCP has the support of >90% of the Chinese population. Nice of them to let their people know.
Harvard spent some time in China several years ago; satisfaction with the central government was >90%.
cf with the 50/50 polling in the
adversarial multi party rabbles aka 'democracy', and the increasingly wide-spread disillusionment with that obsolete electoral system, eg measured by the collapse in political party membership.
Quote:Duh. This is the reason everyone, including the CCP, ends up embracing capitalism rather than socialism.
Nonsense, the CCP embraces "socialism with Chinese characteristics " (including state subsidization of industry etc.)
Quote:But not the socialist 'socialism' goal? Is this how they embrace capitalism in the name of socialism?
Tip: your definition of socialism is the cause of your repeated GIGO argumentation.
The "socialist 'socialism' goal" ( a real gem of clarity, that one...) IS common prosperity.
Quote:China's GDP per capita is now about US$10k, thanks to their rapid embrace of capitalist principles. In the US it is over 6 times as high. China also has far more people below the poverty line. China is also still exempt from many trade rules, for example governing intellectual property, on the grounds that it is still a third world country and should be given a leg up to help them escape poverty. Eventually they will have to give that up too.
China will be double, then triple the size of the US before the 100th anniversary of the CCP, all achieved via the correct combination of 'capitalism ' and 'socialism' (regardless of your ideological definition of these terms...)
Quote:The Chinese people will not experience the wealth and freedom of other western nations until they complete the transition to a free market economy as well as adopt democracy beyond the confines of the CCP. They are not even half way there yet.
Hint: the fabulous roll-out of the
world's most modern and extensive HS rail network was not achieved by the "free market economy". Free markets aren't interested in such vital public infrastructure...which is why the US doesn't have even 50 kms of HS rail, not to mention why Biden is having trouble getting Congress to fund the repair of some bridges...