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Phoebus Cartel, essentially the few oligopolistic light bulb companies got together and colluded and intentionally reduced the lifespan of light bulbs.
Phoebus Cartel, essentially the few oligopolistic light bulb companies got together and colluded and intentionally reduced the lifespan of light bulbs.
calling capitalism a scam is moot, the other viable alternative, socialism is even worse.
also, no country on planet earth is pure-capitalism, not even in US. Northern European countries have proven that market economy with the right taxation policies can effectively distribute income. I wished more wokeist knew about this or at least bothered to do a bit of research.
I stand by my opinion. My ancestors did not escape communist rule from China just for me to be splained by some westerners about politics of China.
China is very much a market economy, it is not any different compared to Vietnam. I currently live in another parliamentary democracy in Asia, I would say to an extent the level of market interference is way higher in mine compared to China.
You can say all you want about CCP and Xi’s regime, and China and market their economic system all the way, to me it will always be a market economy with the level of interference no different from other NIC’s around the globe
Save the BS and don’t be a smartarse
You can scratch your neckbeard all you want, it’s very much a market economy. Whether there’s the term socialist or not
2 and 3 for sure.
Perfect memory, because why not. 3 is good for upskilling and learning a new trade which in turn could generate more money. combined with number 2 i can even start a course teaching people trades.
lol i swear this dude dropped off the face of the earth.
China is not socialist mate, it’s technically a market economy with “chinese characteristics” and is run by one massive coalition. there’s private property ownership in China, there is stock exchange for example.
“i can’t participate in a normal, healthy discussion and refute the other person with clearly made out points so I am going to resort to ad-hominem insults to gaslight and invalidate his points.”
the “wokeist” label wasn’t directed at you, i’m more commenting about individuals that take issue with cApiTaliSm but not really addressing the issue properly. Wokeists THINK capitalism is wrong BECAUSE it is capitalism. I am all for income redistribution and support a just and equitable society if you’re wondering before you come at me again.
In any case, you’re the one asserting it’s a scam, shouldn’t you be the one explaining why capitalism is a scam? the onus is on you mate, not the person cross-examining you.