this post was submitted on 07 May 2025
83 points (98.8% liked)
podcasts
20038 readers
14 users here now
Podcast recommendations, episode discussions, and struggle sessions about which shows need to be cancelled.
Rest In Power, Michael Brooks.
founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Yes, they have some capitalist bullshit, but the capitalists don't own the state. They don't buy politicians or dictate policy. It's not too dissimilar from the New Deal. It's how China is currently leading the world in solar and nuclear -- new technologies don't have to struggle in the shadow of established firms.
Actually comparing it to the New Deal is a great way to describe it to people who haven’t really read about Chinese government or history. I’m going to steal that.
I know! From a broad historical perspective, it's almost bafflingly funny. The US managed to throw together a system of coordinating state and private power in a way that could out-compete any of the older capitalist powers. Then we dismantled solely for ideological reasons. Now our leadership can't even recognize that dynamo being recreated anywhere else! It's somehow "cheating" and always moments away from violent collapse.