Re:The “Great Reset” is too stupid to be a conspiracy
by LinuxBender on Saturday November 19, 2022 @10:54AM
(#33671243)
I completely agree. Each nation has it's own flavor of monetarism and governance that results in a unique outcome with varying degrees of real time control. China have more arbitrary control over business that results in greater real time arbitrary stipulation of monetary outcome. Governance over business is less arbitrary and more predictable in the USA, most of the time anyway.
Re:The “Great Reset” is too stupid to be a conspiracy
by flenserboy on Saturday November 19, 2022 @01:29PM
(#33673090)
State Capitalism.
Re:The “Great Reset” is too stupid to be a conspiracy
by snoot on Saturday November 19, 2022 @03:33PM
(#33674357)
> China is a strange hybrid, that is neither fully communist, nor "fully" capitalist
Typically this ‘strange hybrid’, where the people serve an authoritarian state which exerts arbitrary power over ostensibly capitalist industry, is referred to by the term, ‘fascism’.
If the people own the means of production, then the preferential distribution of profit to capital becomes non-sensical, and thus there is no capitalism.
China is a strange hybrid, that is neither fully communist, nor "fully" capitalist (in the sense of, say, the USA). This is what allows aspects of both systems to co-exist.