Let's explore the idea of '''Chinese Reaganomics''' What was supposed to be a nice tongue-in-cheek thread about capitalism and communism was spammed by the users and deleted by the mods over on /pol/ so I figured we could discuss it here without too m

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File: 7025063df369b96⋯.png (581.91 KB, 1287x756, 143:84, 1D44D5C1-3ECF-45E6-B480-55….png)

Anonymous 11/02/18 (Fri) 16:50:05 No.92950

Let's explore the idea of Chinese Reaganomics

What was supposed to be a nice tongue-in-cheek thread about capitalism and communism was spammed by the users and deleted by the mods over on /pol/ so I figured we could discuss it here without too much trouble, instead.

In short, the Chinese economy stagnated under socialism for over 60 years and in under half that time it became a major player on the world stage by simply adopting a more status quo approach to market based economics, with Chinese individuals seeing exponential increases in their wages and general improvements in their living conditions (based on HDI). What does this all mean for /leftypol/ for example, that believe a controlled and closed off market is preferable when we have yet another powerful anecdote to the contrary?

https://www.businessinsider.com/chinas-middle-class-is-exploding-2016-8

https://www.jstor.org/stable/23290280?seq=1#page_scan_tab_contents

https://www.scmp.com/news/china/economy/article/2139520/after-donald-trumps-move-taxes-cut-chinese-firms-factories-farms

Anonymous 11/03/18 (Sat) 02:21:36 No.92979

Why you still try to convince the Left? if they were interested in supporting an ideology that does a good for mankind, they would have stopped supporting socialism long ago.

Anonymous 11/03/18 (Sat) 05:43:08 No.92983

>>92979

No ideology can support the good of mankind. Different applications deter the individual in different ways, but this has nothing to do with the contents of the ideologies.

Anonymous 11/03/18 (Sat) 06:10:00 No.92984

>>92950

Tariffs and currency controls are free market now?

Anonymous 11/03/18 (Sat) 06:31:09 No.92985

File: 1b9b294746bd6d1⋯.png (69.39 KB, 460x760, 23:38, real socialism flowchart.png)

>>92984

Of course they are, they resulted in a socialist state turning into a totalitarian shithole so they must have been the work of capitalism.

Anonymous 11/03/18 (Sat) 15:59:28 No.92995

>>92984

It's not anarcho-capitalism (which doesn't exist anywhere on the face of the earth anyway) but it's far closer to the status quo mercantilist capitalism practiced by the west than it is communism.