Jason Hickel @jasonhickel.bsky.social

Did capitalist reforms reduce extreme poverty in China? Data published by the OECD indicates the opposite. In the 1980s, socialist China had some of the lowest rates of extreme poverty in the periphery, while the capitalist reforms caused poverty to increase. theconversation.com/chinas-capit...

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fluids_guru @fluidsguru.bsky.social [ View ] Jan 10, 2024 at 12:23 UTC

I wonder what Mao would have thought about the growth of free-market capitalism at the expense of state capitalism.

www.marxists.org/reference/ar...

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