LeftistLawyer, 2 months ago Neither the #Chinese, nor the #American economies are true capitalist economies. #China practices #StateCapitalism, America practices #CronyCapitalism. They are two sides of the #Fascist coin. The China model benefitting #State control, the American model benefitting #billionaire control. But, at the end of the day both are #evil in that they destroy the #environment equally effectively. The China model does it through command and control efficiency gains. The American model through sheer profligacy. #GoodTimes #uspol #economics #climate #ClimateCrisis
Neither the #Chinese, nor the #American economies are true capitalist economies. #China practices #StateCapitalism, America practices #CronyCapitalism. They are two sides of the #Fascist coin. The China model benefitting #State control, the American model benefitting #billionaire control.
But, at the end of the day both are #evil in that they destroy the #environment equally effectively. The China model does it through command and control efficiency gains. The American model through sheer profligacy.
#GoodTimes #uspol #economics #climate #ClimateCrisis
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