silence7@slrpnk.net to World News@lemmy.worldEnglish · 11 months agoChina’s Economy Is in Serious Troublewww.nytimes.comexternal-linkmessage-square48fedilinkarrow-up1108arrow-down118cross-posted to: nyt_gift_articles@sopuli.xyz
arrow-up190arrow-down1external-linkChina’s Economy Is in Serious Troublewww.nytimes.comsilence7@slrpnk.net to World News@lemmy.worldEnglish · 11 months agomessage-square48fedilinkcross-posted to: nyt_gift_articles@sopuli.xyz
minus-squareumbrellalinkfedilinkEnglisharrow-up3arrow-down2·edit-211 months agoSo basically they are saying China should become capitalist and it will fix their problems 🤣
minus-squareTheWoozy@lemmy.worldlinkfedilinkEnglisharrow-up3arrow-down2·11 months agoUm, no, that’s not at all what it’s saying. It is saying China should ease off the cronie capitalism and try a little socialism for ordinary people.
minus-squareumbrellalinkfedilinkEnglisharrow-up2·edit-211 months agoWhen they suggest “freeing the market” they mean neoliberal capitalism. There aint a universe where opening markets means “more socialism”. Also crony capitalism isnt a thing, its just regular capitalism.
So basically they are saying China should become capitalist and it will fix their problems 🤣
Um, no, that’s not at all what it’s saying. It is saying China should ease off the cronie capitalism and try a little socialism for ordinary people.
When they suggest “freeing the market” they mean neoliberal capitalism. There aint a universe where opening markets means “more socialism”.
Also crony capitalism isnt a thing, its just regular capitalism.