• 39 Posts
  • 1.22K Comments
Joined 2 years ago
cake
Cake day: July 5th, 2023

help-circle


  • This is why I think the narrative that China’s economy is going to collapse due to losing workers over time because of their demographics is false. I think the engineers running China are going to turn to mass automation and AI to increase their workforce’s labour productivity and maintain the ability to make everything.

    Whether the Chinese workers would be able to capture more of that higher productivity than their western counterparts is an open question. Given some numbers I’ve seen, so far they have done better in this regard. But I imagine the Chinese capitalist class would be fighting tooth and nail to change that.



















  • It’s not that socialism is a silver bullet that eliminates racism. It’s that capitalism makes it virtually impossible to stop competing for profit growth. This turns more nature and human labour into things, even if we throw those things away. That drives much higher exploitation of resources and people than needed to have decent average standard of living. And when some people organize to stop their own explotation, racism is deployed by capitalists to exploit more the groups that didn’t.

    Socialism allows to stop the unlimited profit growth cycle and thus decrease the intensity of exploitation, which allows decreasing or stopping the explotation on the basis of racism. Doesn’t guarantee it but it surely makes it likely. Capitalism makes the opposite likely.

    And that’s before we consider class consciousness’ effects on people.