Socialism With Chinese Chararteristic.

Decency!!! Socialism!!!

China is not a capitalist country pic.twitter.com/sbYP1fsEu0

— Baithoven 🎣 (@SuspendedRobot) April 5, 2024

Each morning, some senior villagers take subway to the city center of #Chongqing to sell home grown vegetable. Subway line 4 therefore is called the 'basket line'. pic.twitter.com/xiOsJKrxPR

— ChristineZZ (@ChristineZZ9) March 23, 2024

China: Chongqing has a special subway line, Rail Transit Line 4, called "Basket Line", where every day a group of elderly people carrying vegetables and fruits take the subway to the city to sell vegetables. # China pic.twitter.com/KZFYWPK9lT

— 东方墨 moke (@EqEMX2ll5d9oML1) March 21, 2024

Thanks Ben,people should realize that US "free market" capitalism is too small a player,can never build the infrastructure the US needs,and with increased financialization this form of capitalism contains the seeds of it's own destruction compared to State capitalism

— Shane O'Neill (@justhefaxmam) April 5, 2024

I am saying that in the west private capital owns the Government,the banks, and the financial policy of the country which works in their financial interest.Centrally planned economies are not hostage to private interests and can,and do, provide for the population at large

— Shane O'Neill (@justhefaxmam) April 5, 2024

Electric car outlook 2024

The world is making 1 million NEV* every month now.

Of that, 62% are made in #China!

Secret? Fourth industrial revolution, supply chain integration, infrastructure (like chargers) and so on.

*NEV = pure battery EV + plug-in hybrid

BYD factory 👇🏽 pic.twitter.com/oD3YVroXNu

— S.L. Kanthan (@Kanthan2030) April 5, 2024

Socialist! Capitalist! Economic Systems as Weapons in a War of Words (NYtimes)

• Language changes, and as convenient as it can be to use linguistic shorthand, it’s important to remember that beneath the words are ideas — the things we should be talking about.

• Joseph Stiglitz

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• Interview By Andrew Ross Sorkin 
  
  

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  “Some people are trying to attach more emotions to the historical legacy of socialism, which was never the same as communism, but in the United States those distinctions have gotten blurred,” Mr. Stiglitz said.

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  It all comes back to semantics, Mr. Stiglitz said. And perception was on his mind when titling his new book, “People, Power and Profits: Progressive Capitalism for an Age of Discontent,” which is to be published next week.

  In it, he maps out a plan that he calls a “social contract” to improve jobs, health, education, housing and retirement. …

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  Even the word “capitalist” has evolved, Mr. Stiglitz said. It is only since the late 20th century and the rise of the economist Milton Friedman, he contends, that “capitalist” stopped being a dirty word. It was once used in what he called “a pejorative way.”

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