Norstal wrote:Trotskyist Hashtag wrote:Also, I feel I should point out the obvious before this discussion veers too far into the happyland of capitalist candy canes.
China owns the capitalist world's debt because it's state-based system, while corrupt (but corruption is everywhere), does ensure that the economic proceeds are reinvested into creating industries and developing underdeveloped areas rather than being sucked away by banks and gambled away in financial horse-races for the elite. State control is how China maintains its growth rate and its not going to go gung-ho American-style capitalist anytime soon for that reason, because development is tied to the existence of the Party and without it the economy will simply not exist.
They're so smart, they made one of the largest mall in the world and made it inaccessible.
And of course, if you ever strolled to the environmentally fucked part of China:
Oh but of course, it's all for the economy. At least the U.S does have the EPA, which does its job well.
Everyone found out after the Gulf spill that the EPA is run by corporations. If it had happened in China, people would have been shot.




