Chinese Economics Thread

[FriedRiceNSpice]

"low cost competition" is a subset of "uncontrolled competition"



20 years ago collage graduates or 村里第一个大学生 were hot cake in China，darling of the society. Nowadays China is flooded with collage graduates

Generally, the people that hate competition do so because they themselves cannot compete due to others having more talent and better work ethic, so as a result they tend to blame the government/society rather than seeking to improve themselves.

 

[CMP]

Generally, the people that hate competition do so because they themselves cannot compete due to others having more talent and better work ethic, so as a result they tend to blame the government/society rather than seeking to improve themselves.

Losers like that blame everyone but themselves. They also tend to be the first to do Joshua Wong things.

 

[Bellum_Romanum]

"low cost competition" is a subset of "uncontrolled competition"



20 years ago collage graduates or 村里第一个大学生 were hot cake in China，darling of the society. Nowadays China is flooded with collage graduates

Your criticism frankly reeks of laziness and entitlement, oozing with Western-centric value bullshit on how a functioning society is supposed to run. None in Europe can truly live up to the b.s. you seem to be fantasizing about and trying to impose on China. Sweden, the Netherlands, and other Scandinavian countries look good on paper but aren't all that attractive to stay, work, live, and compete in within this highly globalized world we all live in. I don't know why you're trying to feed this bullshit narrative, and since when did you actually give a flying fuck about China's development? You've been a constant critic and naysayer of China's progress from the time I started posting on this forum. Now that China is appearing to be the most prepared—not only in facing the U.S. onslaught but also the most ready when it comes to adapting and maybe even leapfrogging the West in the technological applications of tomorrow, today!

The success of China, along with its supposed defects, comes from the survival of the fittest (with timely and needed state intervention to direct capital that's most critical for the country), as it should be! What are you, a Japanese-simping, Western-drinking, latte socialist or something?

 

[vincent]

The success of China, along with its supposed defects, comes from the survival of the fittest (with timely and needed state intervention to direct capital that's most critical for the country), as it should be! What are you, a Japanese-simping, Western-drinking, latte socialist or something?

Please don’t get personal.

 

[FriedRiceNSpice]

Your criticism frankly reeks of laziness and entitlement, oozing with Western-centric value bullshit on how a functioning society is supposed to run. None in Europe can truly live up to the b.s. you seem to be fantasizing about and trying to impose on China. Sweden, the Netherlands, and other Scandinavian countries look good on paper but aren't all that attractive to stay, work, live, and compete in within this highly globalized world we all live in. I don't know why you're trying to feed this bullshit narrative, and since when did you actually give a flying fuck about China's development? You've been a constant critic and naysayer of China's progress from the time I started posting on this forum. Now that China is appearing to be the most prepared—not only in facing the U.S. onslaught but also the most ready when it comes to adapting and maybe even leapfrogging the West in the technological applications of tomorrow, today!

The success of China, along with its supposed defects, comes from the survival of the fittest (with timely and needed state intervention to direct capital that's most critical for the country), as it should be!

I don't think the CPC champions Social Darwinism. China is a socialist country that takes a pragmatic and balanced approach to social and economic development. A significant proportion of capital is allocated to poverty alleviation and the provision of public goods. A good socio-economic system should both incentivize individuals to work hard as well as provide a baseline level of welfare for all who are willing to work. An ideal system should avoid either end of ideological extreme and strive to find the perfect balance between: competition and cooperation, market forces and state intervention, economic growth and equitable wealth/income distribution, work and family, and individual incentives/responsibility and common welfare. The perfect balance is not static: it takes good governance to find the right balance amid constantly changing social and economic conditions.