Fuck you.

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Joined 2 years ago
Cake day: June 21st, 2023
  • lechekaflan@lemmy.worldtoNews@lemmy.world•China has brought millions out of poverty. The US has not – by choice
    153·
    14 days ago

    But it merits pondering how this undemocratic government could successfully slash its poverty rate when the richest and oldest democracy in the world wouldn’t.

    My favorite idea is that the Mainland regime – then under Deng – took their economic development ideas and business customs from Japan – including industrial espionage – and basically modified those for Chinese needs while addressing the problems which led to Japan’s later bubble burst by the late 80s. That local corporations were given first priority, with a lot of incentives, tax breaks, programs to increase productivity and cut away inhibitions, hire young people from the far provinces who are willing to work for less, anything to have the world buy cheap from China. So they treated business like warfare, as essential for national survival and prestige where by 2049 the world must look up to Mainland China, never to be humiliated again.

    However, China in its current state has its younger generations in urban areas having to deal with overwork burnout (996工作制 or 996 working hour system for example) and so creating basically its own anti-work culture. That there are godawful displays of wealth by tuhao almost everyday, while most others complain how it’s so expensive to live in, say, Shanghai. I could try to go on, but I put it that it’s still not a happy place as long as there is class conflict.