friendica (DFRN) - Link to source
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If anyone thinks that China is a "communist" society, just watch this documentary - videoneat.com/documentaries/26…

They are as "capitalistic" as USA. Or, in other words, they have a trade-based society. As simple as that. Produce, trade, consume.

#trade #china #usa #communism #capitalism #money #consumption

trom

2024-07-31 22:07:41


Newly added documentary on VideoNeat.com:

Ascension

The absorbingly cinematic Ascension explores the pursuit of the “Chinese Dream.” This observational documentary presents a contemporary vision of China that prioritizes productivity and innovation above all.

Watch it here:

videoneat.com/documentaries/26…


Ascension

The absorbingly cinematic Ascension explores the pursuit of the "Chinese Dream." This observational documentary presents a contemporary vision of China that prioritizes productivity and innovation above all.
VideoNeat

#Capitalism #money #USA #China #Communism #trade #Consumption

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in reply to Tio

mastodon - Link to source

AKingsbury

"They are as "capitalistic" as USA. Or, in other words, they have a trade-based society. As simple as that. Produce, trade, consume."

That is not what capitalism is. China is functionally capitalist to a degree, yes, but not because they have production and trade and consumption. It's because many of the means of production are held privately, and to a degree they have the capacity to buy and sell as they wish.

in reply to AKingsbury

friendica (DFRN) - Link to source

Tio

Well the truth is that capitalism, socialism, or other isms are vague ideals.

The means of production being privately owned means near to nothing since they are always under the weight of a gov. USA or China. You can't just own a business, meaning be able to trade as an individual under your own rules. You are always restrained and directed by gov, laws, rules, regions.

In essence what we have globally is a society of trade, where trade is the main activity and drive. China, USA, Europe, whatever hey call themselves as communist, free markets, socialist, capitalist, in the end is all about a trade-based society.

I wrote a book about it all if anyone is interested - tromsite.com/books/#flipbook-t…

in reply to Tio

mastodon - Link to source

AKingsbury

It makes a great deal of difference whether the means of production are privately owned or not. For one thing, private companies can and do fail; the government would hardly ever allow one of its departments to shutter based on bad performance in the market. For another, if the government owns the means of production, you have a monopoly; such a thing is barely possible under free market capitalism.
in reply to AKingsbury

friendica (DFRN) - Link to source

Tio

Private companies, if big enough, will be bailed out by the gov. See SpaceX, Tesla, and more. The gov will also intervene to stop monopolies from creating, at least in theory. They split apart the largest telecommunication company in the USA not long ago. So gov is intervening, from capping the prices of drugs, providing subsidies, tweaking taxes, etc..

China, USA, Europe or the rest. The gov is always intervening.

For another, if the government owns the means of production, you have a monopoly; such a thing is barely possible under free market capitalism.

A...sorry what? Microsoft, Apple, Facebook, Google ?? We live in a world of monopolies. In another book I wrote I showcase that in detail tromsite.com/books/#flipbook-t…

in reply to Tio

mastodon - Link to source

AKingsbury

Private companies, if big enough, are sometimes bailed out; I agree. They should not be. That is cronyism, not capitalism. They should be allowed to fail, and indeed sometimes are.

As to monopolies, nearly all of them are enabled by government action, not stopped by it.

Tell me; what does google have a monopoly in? Putting aside, of course, that we absolutely don't live under free market capitalism.

in reply to AKingsbury

friendica (DFRN) - Link to source

Tio

But they are....I am talking about the real world we live in not idealistic concepts. I compare USA with China and their self imposed labels, not the official and mushy definitions of capitalism vs communism since these do not exist.

As to monopolies, nearly all of them are enabled by government action, not stopped by it.

They are enabled by a system of trade that incentivizes companies to grow and individuals to seek profit.

Tell me; what does google have a monopoly in?

Too many things. Mobile operating systems, search engine, browser, online videos, online advertising, etc.. Again see here tromsite.com/books/#flipbook-t… - I spent a year on this book.

in reply to Tio

mastodon - Link to source

AKingsbury

Yes, they are..sometimes. Which still leaves plenty of small companies and some large ones that are allowed to fail; that is a good thing.

LIFE incentivizes individuals to profit from their action. That's true under all economic systems.

Nope; there's iOs/sailfish/Ubuntu touch, duckduckgo/yahoo/ask/dogpile/plenty more, firefox/opera/safari/chrome, peertube and odyssey, plenty of other ad companies.

So, again, what does google have a monopoly in?

in reply to AKingsbury

friendica (DFRN) - Link to source

Tio

Those you mention are barely "competitors". Google owns the market of mobile operating systems (over 70%), search prob over 90%, video platform, browser, etc.. They even give Firefox a ton of money to keep google as the default search engine. Basically google has no competition in many areas.

LIFE incentivizes individuals to profit from their action.

The environment pushes people to become one way or another. Currently we live in a trade-based society that incentivizes people to profit, compete, be selfish. etc..

in reply to AKingsbury

friendica (DFRN) - Link to source

Tio

Yah those are as much competitors as I am for Usain Bolt. I mean I can run...but have no chance to ever win a race with Usain. Same for Firefox and the like.

Please, provide literally any example of an environment where an individual is not incentivized to profit from their action.

Sure. We have a directory of such organizations where people volunteer without making any profits directory.trade-free.org/

in reply to Tio

mastodon - Link to source

AKingsbury

Please. You linked to en.wikipedia.org/wiki/Free_mar…, which in the SECOND SENTENCE says "Such markets, as modeled, operate without the intervention of government", and then went on to nonsense like social.trom.tf/display/dbc8dc4…

form of market-based economy

Contributors to Wikimedia projects (Wikimedia Foundation, Inc.)

Tio

2024-08-03 01:50:17

friendica - Link to source

By the way "free market capitalism" sounds like a horror show. en.wikipedia.org/wiki/Free_mar… And partially it is present since big companies control governments in many cases giving them a "free" hand at doing business.

in reply to AKingsbury

friendica (DFRN) - Link to source

Tio

Of course you need to have a license for producing such a thing, patents, pay taxes, and a license to sell and where to. If you start to make backpacks now and sell them on the street you may be fined. You are also forced to pay taxes for your business and more.

Really? You're not greedy? It's rare to meet someone willing to make such a claim. What a saint you must be.

I said probably most of the time I am not. I released 2 huge documentaries, published over 30 books, made videos, articles, run trom.tf (free services for everyone), tromjaro.com linux distro, and more. All trade-free. Not a saint, but prob not greedy either.

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