Another source from PIIE in January of this year has the private sector declining from 55 percent in mid-2021 to 33 percent in late-2024, with a small uptick back to 34% at the end of the year. Public sector ownership over that same time period went from 31 percent to 51 percent.
queermunist
Central planning with private ownership of capital. The economy is dominated by private enterprise that employs workers for a wage and collect profits from the surplus value created by workers, but politics are in command instead of the anarchy of markets.
Ultimately it's a strategic step towards achieving socialism; a developmental stage that allows the centrally planned economy to attract foreign investment and implement rapid development until it's not needed. China, for example, is replacing more and more of its private sector with fully/majority publicly owned companies. I believe a majority of China's economy is now public, not private. If the trend continues, most private ownership will whither away.
Was it necessary? I don't think so - this is just how history happened to unfold.
I'm picturing a xenomorph bursting out of a watermelon or red cabbage or bean dip or something "gory".
Big (1988)
That's the secret to becoming a real billionaire - never pay anyone for anything.
I've been thinking about this a lot.
The AI boosters and doomers all basically agree that they are building God and that all hitherto history will be instantly irrelevant once they finish. They're treating all of the world and everyone in it as a booster stage for their rocket to the future, and they think they'll get to leave all of this behind once their god-machine is finished. It's chromed up millenarianism.
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Attack your closest trading partner with tariffs and smear campaigns.
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Get mad when your closest trading partner looks for different trading partners.
🇺🇸 🫡 🗽 🎆
Imagine living in a world without being voluntold to do overtime every week.
I want to believe.
*killed by colonial occupation troops
Critical support for Trump's struggle against USAmerican scientific and cultural hegemony!
Broth or tea or coffee, hot liquid in general really, is good for tricking your brain into thinking you're eating a lot of food. A hot quart of broth is my go-to breakfast these days, even if it's just flavored water with maybe some veggies, salt, spices and seasoning.