China is state run capitalism. So a tale of two flavors of one system?
this post was submitted on 23 Aug 2024
-4 points (45.5% liked)
Socialism
5140 readers
3 users here now
Rules TBD.
founded 5 years ago
MODERATORS
Neither country is state-run capitalism. And anyway, state capitalism is an oxymoron when a state has fiat monetary sovereignty—which the US and China do. Such a state has no need to make a profit, which is foundational to capitalism, because it can and does create as much money as it pleases. You don’t have to take my word for it, you can take Alan Greenspan’s.
China is not state run capitalism, but I guess western libs will never stop repeating it in face of all evidence to the contrary.
Indo-Chinese war of 1962 begs to differ. Many more border clashes with India that are happening almost every year, with continued annexation of Indian land inch by inch, without any retaliation by India because india is weak.
Nice argument, can you back it up with a source?
NATOpedia says "nearly 400 military interventions" for the US, listing this as the source.
China's is likely referring to the Korean war or the Vietnam war. So it should probably be 2 ig, though for Korea China was firmly on the right side of history.
I like how this has a table of many wars and their outcomes but I commend you for actually giving a source Edit: I didn't check if they initiated the conflicts, so the source might actually prove your point kinda right but I'm lazy
People have already answered, but consider also that the US has over 750 overseas military bases around the world, and is building more to further encircle China. Meanwhile China has one anti-piracy base in Djibouti.
All this shows is that these two countries disagree fundamentally on how to conduct diplomacy.
And the respective political systems of these two countries obviously play no role in this.
Do you think this is because the leadership is magically nicer for some reason, or because their political/economic system is better able to stay out of conflict?
It also overlooks that China has historically been conquered by outside forces as its leadership grew weak. And the Communist party was having enough trouble internally feeding its people and causing issues like the "break four olds" period that there was little ability to wage effective war.
Let's also not forget the the communists literally aided the Japanese in the rape of Nanking as it helped to undermine the GuoMinDang.