Comments by "craxd1" (@craxd1) on "The Paper Dragon Begins to Burn: China Won't Even Set a Growth Goal for 2020" video.

  1. It's not foreign business coming in to rape and pillage China, then just pay the government off, though these foreign corporations do receive cheap labor. The Chinese government owns many corporations, and those that come in are controlled by the CCP, mainly by stock purchase, which is a requirement. China runs on State Capitalism, (nationalization, partial ownership, etc), and have since Mao. The big lie, told about the Soviet Union and China by the west, is that they were/are communists against capitalism. In reality, both nations supported the worst form of it, the dark sibling of laissez-faire capitalism, that gives capitalism a bad name. What nation, in reality, has openly nationalized the most corporations? Britain? The Soviet Union and China are just advanced forms of that ideology. Also, note what the US Govt has done since 1917. https://en.wikipedia.org/wiki/List_of_nationalizations_by_country State Capitalism is what the globalists and UN have been pushing for, and the US has been trying to slowly slip in, since WWII. The Eisenhower Policy, that was confidential for many years, states that the purpose was to push "international capitalism" around the globe. That policy was pushed through to Obama. It is also why a handful of corporations and banks run the roundtable that controls the EU. "State capitalism is an economic system in which the state undertakes commercial (i.e. for-profit) economic activity and where the means of production are organized and managed as state-owned business enterprises (including the processes of capital accumulation, wage labor and centralized management), or where there is otherwise a dominance of corporatized government agencies (agencies organized along business-management practices) or of publicly listed corporations in which the state has controlling shares. Marxist literature defines state capitalism as a social system combining capitalism with ownership or control by a state—by this definition, a state capitalist country is one where the government controls the economy and essentially acts like a single huge corporation, extracting the surplus value from the workforce in order to invest it in further production. This designation applies regardless of the political aims of the state (even if the state is nominally socialist). Many scholars argue that the Soviet Union and the countries modeled after it, including Maoist China, were state capitalist systems. Many scholars also argue that the current People's Republic of China constitutes a form of state capitalism. "As a term, state capitalism is also used by some in reference to a private capitalist economy controlled by a state—that is, a private economy that is subject to statist economic planning. This term has been used to describe the controlled economies of the Great Powers in the First World War. Alternatively, state capitalism may refer to an economic system where the means of production are privately owned, but the state has considerable control over the allocation of credit and investment, as in the case of France during the period of dirigisme after the Second World War. Other examples include the economies of Denmark, Norway and Sweden which have almost equal mixtures of private and state ownership. These countries have enough state ownership and regulation to be legitimately labeled forms of democratic state capitalism. Theoretically, a system that has complete state ownership of the economy but is democratic would be called democratic state capitalism. Systems where an authoritarian state has full control of the economy are called authoritarian state capitalist systems. An existing example of this type of system would be North Korea. "State capitalism has also come to be used sometimes interchangeably with state monopoly capitalism to describe a system where the state intervenes in the economy to protect and advance the interests of large-scale businesses. Noam Chomsky, a libertarian socialist, applies the term 'state capitalism' to economies such as that of the United States, where large enterprises that are deemed "too big to fail" receive publicly funded government bailouts that mitigate the firms' assumption of risk and undermine market laws, and where private production is largely funded by the state at public expense, but private owners reap the profits. This practice is in contrast with the ideals of both socialism and laissez-faire capitalism. "There are various theories and critiques of state capitalism, some of which existed before the 1917 October Revolution. The common themes among them identify that the workers do not meaningfully control the means of production and that capitalist social relations and production for profit still occur within state capitalism. In Socialism: Utopian and Scientific (1880), Friedrich Engels argued that state ownership does not do away with capitalism by itself, but rather would be the final stage of capitalism, consisting of ownership and management of large-scale production and communication by the bourgeois state. He argued that the tools for ending capitalism are found in state capitalism." "After the October Revolution, Lenin used the term positively. In spring 1918, during a brief period of economic liberalism prior to the introduction of war communism and again during the New Economic Policy (NEP) of 1921, Lenin justified the introduction of state capitalism controlled politically by the dictatorship of the proletariat to further central control and develop the productive forces: 'Reality tells us that state capitalism would be a step forward. If in a small space of time we could achieve state capitalism, that would be a victory.'" https://en.wikipedia.org/wiki/State_capitalism
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