Post #2588420

2026-05-15 13:13 UTC

Excuse me, sir, although what you said could be true taken straight from a textbook, the reality is corporations in China are abusing (“996” while paying you scrap, firing you without compensation etc.) the working class, so bad that people with lower income would rather live off their parents’ pension than finding a new job. I don’t know how much of the money “earned” by those firms folded into the puclic sector, but I do know public service, especially public transportation is becoming worse by month. Where did those tax money go???

Replies (2)

@Cowbee@lemmy.ml 2026-05-15 13:26

996 is illegal and largely found in big tech companies in Beijing and Shanghai. The average work week in China is 46 hours. You are confusing taxation for socialism. When I say public ownership is principal, I am very much speaking of the fact that the backbone of China’s economy is the public sector of the economy. The largest entities are nearly all State Owned Enterprises, and critical industries are also overwhelmingly state owned. Secondly, wages are getting higher and higher. Purchasing power in 2022 was 25 times higher than 1978, and this growth is steady. Thirdly, the social product of society is not directed towards private profits, but for the needs of society and future growth. China has more high speed rail than anyone on the planet, is combatting desertification, electrifying faster than anyone, eradicated extreme poverty faster than anyone, has practically no homeless people, plans cities ahead of using them so that they have smart civil planning, and more. China invests in the future, because it isn’t dominated by the profit motive. I implore you to actually look at China’s real existence today, compared with 10 years ago, 20, 50, and 100. No other country has managed to come so far in such a short time, and it’s thanks precisely to socialism.

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@BrainInABox@lemmy.ml 2026-05-15 14:09

Excuse me, sir, although what you said could be true taken straight from a textbook Oh my God go back to reddit you insufferable dork

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