im not an expert in political economy, but if you read the article he goes into a lot of specific reasons why china is still in a great position in regards to the future, although it will take responsible leadership that pushes back against mainstream neoclassical economics.
happyandhappy
joined 2 years ago
didnt mean to come at you in any way btw i just had a visceral reaction to the site (and most factcheck sites tbh)
https://www.youtube.com/watch?v=cz9ICFDk8Js
this guy doesn't even support china's policy and he will debunk all of this shit for you
youve got a lot of spunk for somebody who doesnt really know what they are talking about. China has 56 recognized and protected ethnic minority groups where scholars are creating alphabets for minority languages that had not been previously written as a way to preserve their languages. How many indigenous people in the US and Hawaii can even say that they speak their language after having had them systematically destroyed for decades?
Overall, we rate Ground News Least Biased based on publishing news stories from both sides of the political spectrum and appropriately labeling their bias. We also rate them mostly factual rather than High due to the use of poor sources that can publish false or misleading information; however, these news stories are typically reported by other credible media outlets meaning they most likely are factual.
dirty browns bribed by the dirty yellows
he's probably referring to this https://thenextrecession.wordpress.com/2023/08/02/china-consumption-or-investment/
tldr chinas quarterly growth has slowed and liberal economists are claiming china's miracle is over. private sector investment has shrank 0.2% for the first time since data collection in 2005 but investment by state firms has expanded 8.1% in the same period. there's also a current global manufacturing recession. doesnt mean "its over" or whatever tf they're saying but interesting to note.
neoliberalism is a function of capitalism's contradiction of requiring constant exponential growth. in an infinite timeline neoliberalism will sadly completely consume any semblance of "social democracy", and you can already see even the classic european social democracies are beginning to eat away at and privatize their welfare states.
other people are also pointing out unequal exchange, which is a critical concept to factor into the equation when trying to understand where the wealth of the european social democracies come from.
https://www.youtube.com/watch?v=rjLmYCfKU7o this video is a really good short primer on the topic!