The Economist on its way to Proving Lenin He Was right everytime they make a dumb Article
evergreen
CHINA’S COVID FAILURE
which country has over a million COVID deaths again?
Beat me to it…like until they lifted the lockdown (will of the people…you know, actual democracy) weren’t the deaths in the tens of thousands or something? For a country more than 3x the size of the U.S.?? Fucking insane. I guess unless you measure success by corporate profits.
Yeah, I know they were wrong the last 187 times about China, but this time they’re totally right and China will collapse any day now!
Though this isn’t actually about China, not really. This isn’t an analysis, it’s soothing balm for liberals. It’s telling them “the enemy” isn’t to be feared because they will destroy themselves through their
lack of whitenessstrange oriental waysincompetence and lack of “civility.”They constantly put out articles like this to tell the people that no matter how bad things get in the west, and no matter how good things seem to be getting in China, that’s all just theater and China is automatically worse by default, regardless of what evidence, statistics or reality say.
Yeah, I know they were wrong the last 187 times about China, but this time they’re totally right and China will collapse any day now!
It’s the same process they use to justify whatever war the United States currently happens to be waging. “Sure, the US government lied to us about Vietnam, Iraq, Afghanistan, Libya, etc., but this time is different, I swear!”
Like the old proverb goes: Fool me once, shame on you fool me a hundred times, and I just might be a lib.
I always tell myself people will wake up when they realize how much better their lives get while ours get worse and worse, but even when I talk about their poverty alleviation, growing middle class, green energy initiatives etc. people just kind of blank and don’t say much. The truth is already so far distant from what people are taught it’s like they think I’m lying or being lied to.
Yeah, that’s kind of the problem. They’ve been trained to think that China just “lies” about everything, and only the clever western media sees through those lies (even when those “lies” are information independently collected by the UN or other organisations.)
They want China to be the bad guy, so China can’t ever do anything positive. It’s always a bad guy, doing bad guy things.
Just-just one more predictions guys for real this time i swear i listen to Gordon Chang!!!
“Adrian Zenz told me China will collapse tomorrow!”
I’m totally zenzing the imminent collapse of China.
But but this time it seems very grim!
My informate goes to another school! You don’t know them!
The one with the pandas looks like something one of their editors came up with in a drug-induced haze.
Drug induced haze would also explain the content of the majority of their articles.
"the London Economist, the European organ of the aristocracy of finance, described most strikingly the attitude of this class.” - Karl Marx
“The Economist, a journal that speaks for the British millionaires.” - Vladimir Lenin
Having both Marx and Lenin speak out against a publication shows how this rag has been consistently on the wrong side of any struggle for the past two centuries. Their modern flashy r/designporn-bait cover designs and tidy site UI hides the sociopathy of their publication history.
For starters, the modern day sinophobia of the Economist is no surprise. They’re the original China haters, and I mean that with zero exaggeration. They’ve been calling for war and imperialism against China for two centuries now. They lobbied in the UK for the Second Opium War using sociopathic mercantilist justifications:
“We may regret war … but we cannot deny that great advantages have followed in its wake”
It’s an unsurprising stance when their founder literally earned his fortune from the forced opium trade imposed against China following the First Opium War.
The British capital-centric profit driven agenda they’ve followed puts them even on the wrong side of a “liberal” perspective of history. They’ve historically opposed the UK abolitionist movement, protesting that “the boycott they proposed of all goods made using slave labour would hurt British consumers and punish slaves.”
They were the only British publication to support the Confederacy, arguing that:
“It is in the independence of the South, and not in her defeat, that we can alone look with confidence for the early amelioration and the ultimate extinction of the slavery we abhor.”
In a mask-off moment, they said that the slavery issue was secondary compared to the lucratively low cotton tariffs the Confederacy could offer, which made Marx himself ridicule the rag when he wrote for the New York Daily Tribune, saying that the Economist was finally: ‘honest enough to confess at last that with it and its followers sympathy (for American emancipation) is a mere question of tariff’
Their chief editor at the time, the Confederacy apologist Bagehot, still has a “cutesy” little column named after him to this day.
Showing that they’ve learnt nothing in the centuries since, in a 2014 book review on a book about the trans-Atlantic slave trade, they unironically complained without a shred of self-awareness that:
“Mr Baptist has not written an objective history of slavery. Almost all the blacks in his book are victims, almost all the whites villains. This is not history; it is advocacy.”
For more further reading, the Citations Needed podcast had an episode on “The Refined Sociopathy of The Economist.” https://citationsneeded.medium.com/episode-98-the-refined-sociopathy-of-the-economist-4966767e1688
that article was incredible
this doesn’t mean that china has no economic issues at all. real estate, for example, must be properly managed without wiping out everyone’s investments.
I don’t think preserving investments is going to be the priority there, rather the focus will likely be on preserving jobs. What I think is most likely to happen is that large chunks of the real estate industry become nationalized.
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yup
nationalization isn’t a miracle solution.
It’s a pretty good solution that worked many times in the past. Rich investors are going to lose some money on this, but that’s about it and frankly that’s not even a negative. Ultimately, the goal should be to remove all aspects of capitalism and move towards a true socialist economy that’s a mix of state and cooperative ownership. Doing these kinds of nationalization projects helps with the transition.
i would agree, but 30% or so of the gdp is in real estate. china cannot just lose a third of its economy.
It wouldn’t lose 30% of its economy when these companies become nationalized.
What do pandas have to do with China’s economy?
They could market flying pandas to save the economy 🤔