this post was submitted on 13 Aug 2024
401 points (92.4% liked)
Memes
45871 readers
1258 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
China is not fascist. Read Ur-Fascism by Umberto Eco. America fits the commonly accepted fascist points far better than China currently does. China is certainly more liberal than it was under Mao, but it's not fascist.
The tendency for the Rate of Profit is falling, and will do so even when rich people grow and gross profits rise. Capitalism does care about poor people, wages are tied to subsistence + replacement (child raising), but it will pay no more until Capitalism is abolished. It is, in fact, this vector that drives decay and decline, wages cannot increase beyond it except in low supply labor fields. You may want to read Wage Labor and Capital