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Man Leaps to His Death in Shopping Mall After Girlfriend Insists on More Shopping

Maenad said:
I do almost all my shopping online these days. Much nicer that way.
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And then if you DO get frustrated and throw yourself over the edge, it's only a 16" drop...

I'm just sayin...
 
Uncensored2008 said:
Except for the central planning and government control of the means of production....
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State Capitalism - China:

In this system, governments use various kinds of state-owned companies to manage the exploitation of resources that they consider the state's crown jewels and to create and maintain large numbers of jobs. They use select privately owned companies to dominate certain economic sectors. They use so-called sovereign wealth funds to invest their extra cash in ways that maximize the state's profits. In all three cases, the state is using markets to create wealth that can be directed as political officials see fit. And in all three cases, the ultimate motive is not economic (maximizing growth) but political (maximizing the state's power and the leadership's chances of survival). This is a form of capitalism but one in which the state acts as the dominant economic player and uses markets primarily for political gain.

- See more at: We're All State Capitalists Now
 
TheDemSocialist said:
So your quoting a fascist to back up your position.. why???
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Seriously?

Uh, to illustrate that China is still a command economy and has merely transformed to the model formulated by Mussolini.

Private ownership does not equate directly to a free market. China is anything but free, the state heavily manipulates the production of goods, generally in conjunction with foreign corporations.
 
Bodhisattva said:
State Capitalism - China:

In this system, governments use various kinds of state-owned companies to manage the exploitation of resources that they consider the state's crown jewels and to create and maintain large numbers of jobs. They use select privately owned companies to dominate certain economic sectors. They use so-called sovereign wealth funds to invest their extra cash in ways that maximize the state's profits. In all three cases, the state is using markets to create wealth that can be directed as political officials see fit. And in all three cases, the ultimate motive is not economic (maximizing growth) but political (maximizing the state's power and the leadership's chances of survival). This is a form of capitalism but one in which the state acts as the dominant economic player and uses markets primarily for political gain.

- See more at: We're All State Capitalists Now
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Thanks for the article.

But the proper term for what China has is not "capitalism," rather it is "fascism." Privately owned industry controlled by central planning. It is a command economy.
 
Uncensored2008 said:
Thanks for the article.

But the proper term for what China has is not "capitalism," rather it is "fascism." Privately owned industry controlled by central planning. It is a command economy.
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And why I didn't call it "capitalism".
 
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