Murtaza Hussain
@mazmhussain
China treated capitalism as a tool to get from point A to point B, placing it into a walled garden within their society while also maintaining other incongruent social and economic institutions. The U.S. on the other effectively replaced its entire national identity with capitalism without most people even realizing this is what happened. Now we will see which approach proved more successively.
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androidsixteen
@androidsixteen.eth
TL;DR — jack ma died for this
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Stuart
@olystuart
The USA has accelerated through the phases of capitalism as described by Marx and others to its inevitable conclusion... Fascism, imperialism, exploitation, anything and everything to maintain their profit and power.
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Rando
@chasing-pointers
China != capitalism. Two reasons: 1. Capital controls. Capitalism and capital controls are anathema 2. Markets exist in all economies, even centrally planned command-economies. It is false and wrong when people point to market-pricing functions in communisms and say it's "capitalism". It is not. It's just markets functioning irrespective of the fractions and distortions, which derive from basic microeconomic principles, entirely unrelated to any notion of capitalism.
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dogmatik 🎩....🔵
@dogmatik
Too much concentration of wealth without control from above, not good. That's why the rulers of ancient Orient invented jubilees.
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Mike | Abundance 🌟
@abundance
In China government overrides corporate interests, while in the US corporate interests overrides the government. What is better, plutocracy or autocracy? How about neither..
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Icetoad 🎩 🍕 🎶 🐈 💚
@icetoad.eth
I think I know which
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Leo
@lsn
Did the US really have a national identity before capitalism? If one is to argue yes, I would argue that at best, the national identity was very aligned with the values that define capitalism
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Adam
@adam-
Define success here
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