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ItsNotGonnaBeAlright

Will the economy fail in your lifetime?

Will the economy fail in your lifetime?   29 votes

  1. 1. Will the economy fail in your lifetime?

    • yes
      14
    • no
      7
    • pie
      8

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39 posts in this topic

i didn't say i'm well off.

but even if i was, i don't care only about myself.

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countless. lifted hundreds of millions of chinese out of abject poverty into the middle class.

Have you ever visited China? I assure you that most of those Chinese are still living in poverty.

And, China is a communist government that has created a capitalistic economy and market. They are a hybrid....not a true communist state.

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Define it in your own way. I'm not adding any opinion here.

Then the answer is no, it will not fail.

Total economic failures without outside influences are exceeding rare.

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Have you ever visited China? I assure you that most of those Chinese are still living in poverty.

And, China is a communist government that has created a capitalistic economy and market. They are a hybrid....not a true communist state.

i didn't say there aren't people in poverty there or that it has a good government or economy.

he asked if communism had ever lifted anyone out of poverty, and it has.

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Hundreds of millions of commoners starved under Mao as a direct result of communist policy.

It wasn't until the country embraced national corporatism more reminiscent of Mussolini's Italy that the country experienced growth and class mobility.

It's amazing what a tiny taste of capitalism can do to unlock a country's potential. Unfortunately, Chairman Mao is probably rolling over in his grave at what his country has become. (hence the Deng Xiaoping quote)

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The only example he can provide is China.

Debate over.

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i didn't say there aren't people in poverty there or that it has a good government or economy.

he asked if communism had ever lifted anyone out of poverty, and it has.

Well communism certainly lifted Mao himself out of poverty, along with a few of his cronies. But as far the Chinese people were concerned, they were almost all poor when he took over, and almost all poor when he died. I doubt the numbers changed very much.

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When mao took over, the chinese people were poor farmers and serfs.

When mao died, the chinese people were poor starving farmers and serfs.

Yep.

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http://www.bloomberg.com/apps/news?pid=20601087&sid=aGeKYLrqZVTM

Hu and his fellow leaders are celebrating China’s newfound prominence on the global stage. China now produces in a day the equivalent of a year’s output five decades ago, and is poised to surpass Japan as the world’s second-largest economy by 2010. The Communists, who lifted 300 million citizens from abject poverty and raised the country’s international influence, must now meet increasing demands for domestic freedom and accountability.

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No slant there at all.

So why did Communism start working all of a sudden?

Magic?

Or a dash of capitalism?

Hate to break it to you, but you can't credit communism with that.

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Without communism, the Soviet Union would have gotten crushed during WWII. It provided a mechanism for not only inducing recruitment, but the wholesale move of entire cities to the Urals to continue producing war materiel. It provided a propaganda counter to fascism, saved the Soviets millions on niceties like humane treatment of the millions of prisoners of war it had to absorb, and made it able to control the entire population towards winning the war when it could not just pay its workers to do so.

As far as China goes, there is no other way to control that population, it's just a cultural thing. What the takeaway should be is that in a modern society, different levels of socialist and capitalist elements must be combined for success - it does not matter what end you evolved from, everything is headed to a combination as populations increase and wealth with it.

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Without communism, the Soviet Union would have gotten crushed during WWII. It provided a mechanism for not only inducing recruitment, but the wholesale move of entire cities to the Urals to continue producing war materiel. It provided a propaganda counter to fascism, saved the Soviets millions on niceties like humane treatment of the millions of prisoners of war it had to absorb, and made it able to control the entire population towards winning the war when it could not just pay its workers to do so.

As far as China goes, there is no other way to control that population, it's just a cultural thing. What the takeaway should be is that in a modern society, different levels of socialist and capitalist elements must be combined for success - it does not matter what end you evolved from, everything is headed to a combination as populations increase and wealth with it.

I think you are confusing communism with ruthless dictatorship. Russia survived because Stalin and his people had an iron grip on the society, much as Hitler and the Nazis had an iron grip on German society. The political system's name was irrelevant, as long as that control was maintained.

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