Posted on Jun 18, 2021
How living in China changed my view on Trump and US politics: Californian native
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Putting all the political stuff on the table. Not really caring this guy switched his perspective but listen to what else he says. What this video reminded me of a time earlier in the pandemic when folks were running around praising China for their quick response to COVID-19, completely oblivious and just naive to the fact the measures China was taking (welding and bolting doors of apartment complexes shut, making it illegal to walk outside at all and if they caught you.....beating you to a pulp). At any rate, this stuff was not really a secret as a number of American expats live in China and are living in China and were posting YouTube videos of Chinese government officials doing this to their own citizens. You can see some of it in this video if you look closely at the footage. Regardless of the Emergency, a Human Rights abuse is a Human Rights abuse. I don't understand how anyone that is sane can condone the measures China took and yet there are plenty still on social media lapping up the story of success by the Chinese Communist Party without any question. These American Expat in China videos are all over youtube, if you get some time do a search and watch a couple of them. They all echo a theme of shock and disbelief China could be run the way it is being run.
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Posted >1 y ago
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So, after living under a dictatorship, he decides to support a guy who wants to be dictator.
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Based on this young man's commentary, China has become capitalist with socialist trappings. The US has become socialist with capitalist trappings.
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SGT Mary G.
Interesting observations about personal experience.
Is a socialist communist nation worse than a capitalist communist nation? It is probably easier for communism to gain a foothold if a nation goes socialist first. But the hybrid socialist/capitalist nations do not necessarily become communist. (e.g. Scandinavian model; most of Europe) Total government capitalism may seem like socialism but it becomes a dictatorship, whatever other label is applicable (e.g. communism, fascism, etc.)
I still maintain that "capitalism" is an economic system though people want to say it is a full spectrum political ideology to be able to compare it to other full spectrum political ideologies e.g. Nazism, Marxism, Maoism, Fascism.
What is demonstrated by capitalism is that when Free Enterprise runs amok it is because monopoly laws are violated that allow corporate conglomerates (redefined with a few words that make them "different" than monopolies in the legal sense supposedly) to have more power over government than we, the people, collectively. That is the definition of "the evils of capitalism" imho - the violation of monopoly laws that were formulated for good reasons.
Is a socialist communist nation worse than a capitalist communist nation? It is probably easier for communism to gain a foothold if a nation goes socialist first. But the hybrid socialist/capitalist nations do not necessarily become communist. (e.g. Scandinavian model; most of Europe) Total government capitalism may seem like socialism but it becomes a dictatorship, whatever other label is applicable (e.g. communism, fascism, etc.)
I still maintain that "capitalism" is an economic system though people want to say it is a full spectrum political ideology to be able to compare it to other full spectrum political ideologies e.g. Nazism, Marxism, Maoism, Fascism.
What is demonstrated by capitalism is that when Free Enterprise runs amok it is because monopoly laws are violated that allow corporate conglomerates (redefined with a few words that make them "different" than monopolies in the legal sense supposedly) to have more power over government than we, the people, collectively. That is the definition of "the evils of capitalism" imho - the violation of monopoly laws that were formulated for good reasons.
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LTC John Shaw
SGT Mary G. - I agree that we have crony capitalism, where special interest groups and their money and message take hold of the government depending on what party gets in power at different levels: city, state and federal.
I agree that we have had government intervention to only help companies when in trouble but not hold them accountable and keep corporate 'power' in check.
The three major antitrust laws in the U.S. are: the Sherman Act; the Clayton Act; and. the Federal Trade Commission Act (FTCA).
I think most people want government to act when businesses overreach.
I agree that we have had government intervention to only help companies when in trouble but not hold them accountable and keep corporate 'power' in check.
The three major antitrust laws in the U.S. are: the Sherman Act; the Clayton Act; and. the Federal Trade Commission Act (FTCA).
I think most people want government to act when businesses overreach.
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SGT Mary G.
LTC John Shaw - Thank you for mentioning these antitrust laws in the U.S. It looks like reading about them I can address some of my disinterest thus deficiency of knowledge about this aspect of economics.
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