this post was submitted on 27 Jul 2023
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A thread yesterday had a variety of people asking if the unemployment is lower because the youth are well cared for.

Please click through and read for additional context. Families are helping. Parents age and are not a long-term plan except for the most unusually wealthy.

Please remember: China is nominally communist. Functionally, they are capitalists with an usual side of excess infrastructure spending. A strong central government doesn't make a country communist.

Their land use rules... that makes them communist-ish. But that's a small part of a far larger picture.

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[–] givesomefucks 33 points 1 year ago (1 children)

Their land use rules… that makes them communist-ish

Wouldn't go that far...

It's hard to pretend China is in any way communist when they have rampant wealth inequality and the wealthiest run the government.

[–] [email protected] 16 points 1 year ago (1 children)
[–] [email protected] 11 points 1 year ago (1 children)

You need to find Chinese parents first.

[–] [email protected] 0 points 1 year ago

Or parents. Period.

[–] [email protected] 14 points 1 year ago

To view a text only version of CNN pages, replace "www" with "lite". https://lite.cnn.com/2023/07/26/economy/china-youth-unemployment-intl-hnk/index.html is about 50 kB, whereas the original is about 2.7 MB.

BBC article.

[–] [email protected] 11 points 1 year ago

It looks like there is two different things happening.

First is that the one child policy is causing problems with several grandparents being supported by one grandchild. In this case, it seems like the grandparents are paying a salary to their grandkid to support them in elderly care. It may not be a lot of money, but it seems to be enough for the adult grandchildren to live for what is effectively a part time job.

Second is that the economy going through issues, and grandparents are acting as unemployment insurance.

[–] [email protected] 8 points 1 year ago (2 children)

The latest China Bad story is that parents are looking after their children. Really scraping the barrel here.

[–] asteriskeverything 7 points 1 year ago (1 children)

Oh geeze, be quiet you didn't even read the article.

Nothing about it is negative toward China it's just covering a new cultural and attitude shift of young adults staying home to help rather than compete for jobs. Shock, Chinese citizens are also dealing with different economic consequences of Covid-19 like every other country. Also shocking, Chinese young adults are just as disheartened by the opportunities for their future as all over the world.

[–] [email protected] 1 points 1 year ago (1 children)

I was referring to OP's bullshit editorial dummy.

[–] asteriskeverything 1 points 1 year ago

Sure sure, except that wasn't critical either no matter how factually incorrect it may be.

[–] rustyfish 5 points 1 year ago
[–] [email protected] 6 points 1 year ago

Li, 21, now spends her days grocery shopping for her family in the central city of Luoyang and caring for her grandmother, who has dementia. Her parents pay her a salary of 6,000 yuan ($835) a month, which is considered a solid middle-class wage in her area.

That just sounds like a caregiver. Laura He and Candice Zhu can eat shit if they do not think that is a real job. Caring for someone with dementia is not a walk in the park.

[–] rustyfish 3 points 1 year ago (1 children)

Her parents pay her a salary of 6,000 yuan ($835) a month, which is considered a solid middle-class wage in her area.

So…they are unemployed?

[–] [email protected] 5 points 1 year ago* (last edited 1 year ago) (1 children)

It says right there there's a salary. She's nepotistically employed as a caregiver.

If you think that's not a "real job", that's basically a cultural judgement, which I guess you can make, but then there's dudes that think only steelworkers have a real job.

[–] rustyfish 1 points 1 year ago (1 children)

Please go read the article and don’t try to get triggered by things I didn’t say. JFC.

[–] [email protected] 1 points 1 year ago

I did skim it. If you're not saying it's not a real job that just doesn't apply to you, sorry for bringing it up.

[–] [email protected] 1 points 1 year ago

Shit, I've been in the wrong industry this whole time.

[–] LEDZeppelin -1 points 1 year ago

Let’s not pretend how trust fund babies work in the US

[–] [email protected] -1 points 1 year ago* (last edited 1 year ago) (2 children)

Is everyone just a Capitalist deep down inside?

[–] [email protected] 8 points 1 year ago

No, and to paint everything this way serves to delegitimize alternatives to capitalism. China is not capitalist, they are socialist. They have their own problems, because no system is perfect. But there are alternatives to capitalism, and not everything is "secretly capitalism in disguise".

[–] [email protected] 1 points 1 year ago

Greed and envy (the roots of capitalism) are basic human drivers that we all have. It takes a lot of discipline, ethics, and an altruistic moral code or belief system to negate that. Some individuals are capable of that, but there is no societal system that has been able to overcome it.
We would never be able to completely move away from a capitalist system because it's in our nature to want more, to be rewarded for our efforts, and to be jealous of others. It's also why alternative systems never work as intended - the greed turns into corruption and ends up ruining the system.
The best outcome is to establish guardrails that limit the extent of the greed that is allowed in the system.

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