China describes its system as a "socialist market economy". How does that work? What is the role of its stock exchanges? Ben Norton explains Socialism with Chinese Characteristics in this video.
I am shocked and appalled that Xi Jin Ping and official Chinese policy do not give a toss about the agonising concerns of the Chinese megarich and their stock portfolios, luxury cars, yachts and mansions.
Instead their authoritarian regime pathetically pander to the Chinese poor and working classes to provide secure food, shelter and utilities, not to mention affordable high quality healthcare, transport and education to the majority. I mean, how undemocratic can you get?
Also Chinese police do not randomly brutalise and imprison their people which shows how weak their law enforcement is. Chinese police only target corrupt officials and criminals, unlike the USA where bribery is legal and criminals rise to the top unmolested, as befits the greatest democracy the world has ever seen.
China bad, China bad, China bad.
We need to start a war with China to set them right.
Very similar to how the rest of the world’s does. By staying totally divorced from reality. Especially biophysical limits and reality. How does China’s economy work? Because of cheap unlimited energy. Hence f8ck this b*llsh*t China worship. Remember, infinite growth of any kind is not possible on a finite planet. Be it China or America or X…
and now back to the scam economy of Geopolitical Speculation.
I am shocked and appalled that Xi Jin Ping and official Chinese policy do not give a toss about the agonising concerns of the Chinese megarich and their stock portfolios, luxury cars, yachts and mansions.
Instead their authoritarian regime pathetically pander to the Chinese poor and working classes to provide secure food, shelter and utilities, not to mention affordable high quality healthcare, transport and education to the majority. I mean, how undemocratic can you get?
Also Chinese police do not randomly brutalise and imprison their people which shows how weak their law enforcement is. Chinese police only target corrupt officials and criminals, unlike the USA where bribery is legal and criminals rise to the top unmolested, as befits the greatest democracy the world has ever seen.
China bad, China bad, China bad.
We need to start a war with China to set them right.
Thanks for the video Ben! I asked a question asking exactly this in one of your past articles, so this really helps!
Very similar to how the rest of the world’s does. By staying totally divorced from reality. Especially biophysical limits and reality. How does China’s economy work? Because of cheap unlimited energy. Hence f8ck this b*llsh*t China worship. Remember, infinite growth of any kind is not possible on a finite planet. Be it China or America or X…
and now back to the scam economy of Geopolitical Speculation.
It would be great to have an article of this, with all graphic, diagrams. Is anything like this coming?
Very informative Ben, thank you!