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Communism doesn’t mean that everybody can slack off. If people don’t work enough it’s difficult for them to catch up with Capitalism, like USSR and Eastern Europe have shown.
All that work has paid off for China. Unlike any other country they have a shot at being independent from the West.
Capitalism means that the people who control the means of production also control politics. That’s not true in China, so that people there can hope for a better life despite AI and robots.
True, they’re minting new billionaires faster than any other country in the world.
They’ve also lifted 800,000,000 people out of poverty in 40 years.
Yes, they industrialized. Same thing happened more or less everywhere else, just earlier, because China stayed an agrarian society for longer than many other countries.
The reason other countries can’t say the same though, is that they don’t have 800,000,000 people in the first place. Well India does, but then they’ve also lifted a few hundred million people out of extreme poverty in the last decade or so. We’ll see what the numbers are like for 2015-2055 in… 29 years I guess.
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lol
They are not treated like Iraq or Iran. That alone is a success, for every citizen.
The difference to the West is that the party stands above the billionaires. That means they have working healthcare despite billionaires.
We have working healthcare in most of the west, with fewer billionaires. I’d in fact say much of the west has even better healthcare than China.
The US doesn’t, but then both the US and China are ultracapitalist nightmares.
How exactly are the billionaires good for China’s healthcare?
Compare China to other countries that were poor in the 1970ies and China becomes impressive.
The USSR tried without billionaires and they are gone.
Europe has good healthcare because we had to look good compared to eastern Europe. We are cutting costs and in 10 years we likely will be much closer to the US system.
And China will also have to cut costs when having an aging society really hits them. Rampant capitalism won’t save them there.
That’s why they have an advantage over the west. They can put a limit to the Capitalism.