Comments by "GuyWhoLikesTheSnarkies14" (@guywholikesthesnarkies1435) on "Economics myth explodes: China's socialism innovates better than Western capitalism" video.

  1. What happened to China in the past few decades alone is very analogous to Stalin's rapid industrialization drive, if anybody ever thought about it. It's interesting to note that Soviet had previously implemented the NEP, which is what the socialist market economy is modelled after at its core, but expanded upon it. But I'd like to note that even though Stalin's collectivism of the countryside and industrialization policy was formally a departure of the NEP i.e. state capitalism mechanism w. a dominant party-led Dirigisme, it was nonetheless developed upon the core strength of NEP that's the access and the capacity to absorb foreign capitals and recycle them in order to grow surplus in high added-value, as well as the necessary jump in material condition and growth. Now looking back at the China's experience since Deng's Reform & Opening Up, I'm starting to look more and more at it as an analogous event of socialist construction albeit being dialed back to a much slower, gradualist pace because.. ahem* I think the Soviet was too accelerationist in that sense and that, they failed to recognize and properly anticipate the dialectical consequences of the Stalin's model following the end of the War i.e. the underestimation of the US/West's systematic, organized, and well-coordinated retaliation against the Soviet's political economic paradigm during the Cold War.
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