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Joined 1 year ago
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Cake day: June 19th, 2023

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  • On China’s heavily moderated social media platforms, many members of the public called for product recalls and greater industry oversight.

    Some also appeared to link the situation to broader issues in the country, where an economic downturn is driving social frustration and there are deep-seated concerns about the limits of accountability for powerful and government-linked entities.

    “Even the cooking oil essential to people’s daily lives has now become problematic… Ordinary people cannot be properly safeguarded… Now I just want to scoff at (phrases like) ‘rule of law’ and ‘serving the people’ whenever I see them,” read one comment on China’s X-like social media platform Weibo, that garnered thousands of likes.

    I thought China was heavily censoring criticism and you couldn’t voice your opinions publicly? lol

    Basically a food scandal has been uncovered by their media and the government takes action in the public’s interest. Something you’d expect a functioning government to do. And this article makes you think it’s a bad thing.

    Summed up:

    Despite rising living standards in recent decades, food safety has been an ongoing issue in China, where dozens of high-profile scandals have been reported by local media since the early 2000s, sparking tighter government regulation.

    Based.

    The entire article has so much coping and seething and was a really fun read. Thank you for sharing.




  • They don’t trust it, they just have no other figures to work off.

    That’s why they publish it. Not like there are (western adaptations of) the Li Keqiang Index

    https://www.bloomberg.com/news/articles/2023-08-16/china-is-hiding-more-and-more-data-from-the-rest-of-the-world

    1. At least have the decency to post the archive link https://archive.md/sgBQK
    2. Youth unemployment in the article:

    Calculating the actual employment rate is complex and it’s plausible the government decided the changing nature of the economy and labor patterns means their current model isn’t accurately reflecting reality.

    Obtuse way to say that the category 16-24 olds are studying and not part of the labour force

    1. Landsales: Communists don’t like speculation with real estate and land. Shocker. Not like they’ve been announcing a shift away from real estate to EV/Solar Panels/etc.
    2. Currency Reserves, Bond Transactions, Academic Information, Politicians’ Biographies:

    President Xi Jinping’s ideological battle with the US has also motivated Beijing to ringfence data it believes could advantage the Biden administration.

    Based.

    A 15 year trend of growth on average no matter how you measure it: market cap, number of nodes, transaction volume, transaction capacity, etc.

    If you think that’s the critique of bitcoin then you have been blinded by techbros optimizim on the tech. Also it’s funny how you wave away bitcoin using up 1% of global electricity usage lol






  • Doesn’t execuse soviet behavior but some very valuable history that people should be aware of.

    Yes which you fail to contextualize. The soviets failed to find allies against Hitler before the war, and saw their collaboration in the Munich agreement and the deal with Hitler being made at their expense instead. You bringing up M-R NON AGGRESSION pact as a form of collaboration and not as a stalling of the inevitable explanation of Hitler to the east is just cope

    Remember folks they did this back then and again in 2014 with Crimea.

    “Fellas did you know mordern Bourgeoise Russia is the same as the soviets??”




  • There are some services in the economy you never would want to be privately owned. e.g. Firedepartment, healthcare providers, etc. These type of business are better run as a service for society, instead of these being subject to the profit motive. Look up what a privatized fire department looked like in New York. If you can’t understand that, then you havent been engaging with political theory enough…

    even vox

    Lol

    The guy that floated here was due to wanting freedom and the ability to not be owned by the state

    Castro brought freedom to Cuba. Looks like your friends understanding of freedom is the same as the average Americans: Being a wageslave for 8hrs a day on average lol


  • state owned firms just suck

    If you say so chief. Thank you for your valuable contribution.

    I think you are wanting the cuban model which is really really really bad, and there is a reason

    Strawmaning much here I see. Putting cuba in it’s context means obviously I want the model apply everywhere, because history taught us that context doesn’t matter obviously.

    I knew a guy that floated here on an inner tube to get away from it.

    What was his family business and his function in the batista regime?