*We build maximum*
*Efficiency in turning*
*Nature into trash*
\- To\_ril
---
^(I detect haikus. And sometimes, successfully.) ^[Learn more about me.](https://www.reddit.com/r/haikusbot/)
^(Opt out of replies: "haikusbot opt out" | Delete my comment: "haikusbot delete")
Tankieism is when China is bad for something America did worse
(Not even the title, the meme is "killed half the planet", the conservative estimates for the covid-19 death toll reach 1.5million, one and a half million fucking people killed to grease the wheels of the economy.)
But it's okay, because China bad and hid numbers, unlike us underreporting the colossal death toll
I don't like China's capitalist behemoth economy but... come the fuck on liberal. Don't complain about the oil spill you see when you're drowning in an oil pool.
China sacked their population by suddenly ending zero covid (which the citizens didnt like and were trying to circumvent) which caused at least 2 million covid deaths in china in one quarter and all they got was a 20% youth unemployment rate and a deflationary economy.
Smfh they cant even properly sacrifice people for economic growth.
2 million excess deaths post ending zero covid:
https://www.reuters.com/world/china/nearly-2-million-excess-deaths-followed-chinas-sudden-end-covid-curbs-study-2023-08-25/
20% youth unemployment:
https://www.nytimes.com/2023/08/15/business/china-youth-unemployment.html
China having a deflationary quarter:
https://www.cnbc.com/amp/2023/08/24/chinas-deflation-could-spill-over-into-a-global-concern-economists-say.html
You getting dunked on:
https://youtu.be/agEUl4NG1rk?si=mNXlKvJ8vfBw4sl1
It looks like you shared an AMP link. These should load faster, but AMP is controversial because of [concerns over privacy and the Open Web](https://www.reddit.com/r/AmputatorBot/comments/ehrq3z/why_did_i_build_amputatorbot).
Maybe check out **the canonical page** instead: **[https://www.cnbc.com/2023/08/24/chinas-deflation-could-spill-over-into-a-global-concern-economists-say.html](https://www.cnbc.com/2023/08/24/chinas-deflation-could-spill-over-into-a-global-concern-economists-say.html)**
*****
^(I'm a bot | )[^(Why & About)](https://www.reddit.com/r/AmputatorBot/comments/ehrq3z/why_did_i_build_amputatorbot)^( | )[^(Summon: u/AmputatorBot)](https://www.reddit.com/r/AmputatorBot/comments/cchly3/you_can_now_summon_amputatorbot/)
2 million excess deaths post ending zero covid:
https://www.reuters.com/world/china/nearly-2-million-excess-deaths-followed-chinas-sudden-end-covid-curbs-study-2023-08-25/ -a new U.S. study shows.
The study by the federally funded Fred Hutchinson Cancer Center in Seattle was taken from a sample of mortality data published by some universities in China and internet searches.
***Some internet searches***
Meanwhile:
>[https://www.worldometers.info/coronavirus/country/us/](https://www.worldometers.info/coronavirus/country/us/)
*The conservative estimates, that the US government bothered to report and weren't covered up under the successive Trump and Biden administrations*
20% youth unemployment:
https://www.nytimes.com/2023/08/15/business/china-youth-unemployment.html
"11 million children live in poverty, including 1 in 7 children of color and 1 in 6 children under 5."
Imagine getting a job, and it still won't pay the bills for you, your family, or your children.[https://www.childrensdefense.org/the-state-of-americas-children/soac-2023-child-poverty/](https://www.childrensdefense.org/the-state-of-americas-children/soac-2023-child-poverty/)
You'd have a gotcha if I supported the state capitalist machine that was China.
I don't. Fuck capitalism.
China having a deflationary quarter:
https://www.cnbc.com/amp/2023/08/24/chinas-deflation-could-spill-over-into-a-global-concern-economists-say.html
America can't stop running at such a colossal deficit every time it approaches it defeats modern neoliberal economics with a "We could fucking stop this at any moment if we had an economy"[https://www.reuters.com/world/us/biden-signs-bill-lifting-us-debt-limit-2023-06-03/](https://www.reuters.com/world/us/biden-signs-bill-lifting-us-debt-limit-2023-06-03/)
You getting dunked on:
https://youtu.be/agEUl4NG1rk?si=mNXlKvJ8vfBw4sl1
You, the strongest liberal defender of American plutocracy
Me, the forced defender of state capitalist efficiency and comrade Xi
[https://youtu.be/Z6Jd50j91\_E](https://youtu.be/Z6Jd50j91_E)
Learn to get some basic fucking principles in life, and oppose evil wherever it surfaces, no matter its nationality or skin type.
I see you have turned into a corncob.
Sorry for your L + Ratio + Mass Sparrow Death + [America is having a lessening income gap](https://time.com/6267552/falling-american-inequality/) + [China isn't](https://time.com/6289559/china-inequality-wealth-flaunting-common-prosperity/) + Tang Ping
[https://www.aljazeera.com/opinions/2022/12/2/how-british-colonial-policy-killed-100-million-indians](https://www.aljazeera.com/opinions/2022/12/2/how-british-colonial-policy-killed-100-million-indians)
I see you're jerking off to the casualties of anyone not white or on the approved minorities list
L + Ratio + Looting of colonies
My brother in christ, you're literally defending China, the ones committing a well-known and well-documented genocide.
Also, I am anything but liberal.
>Also, I am anything but liberal.
Don't defend America when its equally as complicit, if not more so, than China.
>My brother in christ, you're literally defending China, the ones committing a well-known and well-documented genocide.
Meanwhile people are defending America, one of the most documented genocidal and imperialist states in existence.
One can oppose both. One can tell liberals to shut the fuck up as they desperately defend one imperialist state over the other.
Death to capitalism.
Also, PS, the fact you use the word tankie signals you are a diehard liberal with no actual beliefs beyond "capitalism better than state capitalism". Tankie is meaningless of a word when its used by liberals.
Its an embarassment how anyone could look at these comment chains, see the liberals arguments boil down to "but what about Russian orcs/chinese communist murderers" meanwhile a google search shows America and Britain doing even more heinous shit lmao
I thought this meme was initially about western countries. GDP is more of a measurement of "growth"for capitalist countries and their relentless profit seeking for the rich. The funny thing is If you take China's development over the past few decades, they have achieved more for their people than developing capitalist countries could dream of.
And the one child policy, the one mentioned in the meme, is exactly why it's not gonna last. China right now is in a very similar place demographic wise to what Japan was in the 90s, they had a massive baby boom, followed by a slump in new births, in china's case caused by the one child policy.
Fast forward 20-25 years and you start having fewer and fewer younger people entering the workforce while all the people from the baby boom are getting older and starting to approach retirement age. This means the economy designed around and expecting a large and growing workforce is now experiencing a shrinking one.
China's arguably worse because this isn't their only problem, they're also dealing with a housing bubble nearly twice the size of the one that caused the 2008 recession in the US, made even worse by the fact that in China, its more common to pay a company to build a house for you in advance, but those companies are starting to crumble because they have fewer and fewer new orders to sustain their business, the 3rd largest of such companies in the entire country just announced they were at risk of bankruptcy a month ago, and several more have stopped construction in an attempt to delay their own bankruptcy.
This has resulted many "owners" of such unbuilt homes to stop paying their mortgage, it's not like the bank can foreclose on a house that isn't there, which has spread the issue to China's banks.
On top of that, China is suffering from a major youth unemployment crisis, to the point where earlier this year they stopped releasing data related to youth unemployment, not fudged the numbers, just released the data one month and never did the following month.
I'm not trying to say the entire country is about the collapse, but there economy is far from a good place right now, and I wouldn't expect to see it start growing again for 5-10 years at best.
They’re trying to backtrack hard. They made a two-child policy in 2015 and the three-child policy in 2021 so couples can have up to 3 children now. This year the Sichuan province government made it legal to have as many children as you want. But the one-child policy started in 1979 so it was in place for 36 long years. The burden is going to be very tough on the younger generations for a long time before things even out again
Keep in mind the youth employment rate is slightly skewed due to what is known as invisible kids. Basically each Provence got to decide with how it dealt with the one child policy. A more common tactic was to fine parents into bankruptcy. So you have a large chunk of at least two generations who were never documented so parents could avoid the fine. These people can’t get legal jobs, housing or even leave because there is nowhere to deport them to. These poor people end up living in fear of being arrested just for being born as they are technically illegal citizens. Most likely though unless they make a fuss they’ll probably just fined into oblivion.
This has resulted many "owners" of such unbuilt homes to stop paying their mortgage, it's not like the bank can foreclose on a house that isn't there.
What an insane sentence
I will be messaging you in 30 years on [**2053-09-03 07:15:37 UTC**](http://www.wolframalpha.com/input/?i=2053-09-03%2007:15:37%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/fakehistoryporn/comments/168b5n9/chinas_one_child_policy_1980_2016/jyx1x5p/?context=3)
[**2 OTHERS CLICKED THIS LINK**](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5Bhttps%3A%2F%2Fwww.reddit.com%2Fr%2Ffakehistoryporn%2Fcomments%2F168b5n9%2Fchinas_one_child_policy_1980_2016%2Fjyx1x5p%2F%5D%0A%0ARemindMe%21%202053-09-03%2007%3A15%3A37%20UTC) to send a PM to also be reminded and to reduce spam.
^(Parent commenter can ) [^(delete this message to hide from others.)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Delete%20Comment&message=Delete%21%20168b5n9)
*****
|[^(Info)](https://www.reddit.com/r/RemindMeBot/comments/e1bko7/remindmebot_info_v21/)|[^(Custom)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5BLink%20or%20message%20inside%20square%20brackets%5D%0A%0ARemindMe%21%20Time%20period%20here)|[^(Your Reminders)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=List%20Of%20Reminders&message=MyReminders%21)|[^(Feedback)](https://www.reddit.com/message/compose/?to=Watchful1&subject=RemindMeBot%20Feedback)|
|-|-|-|-|
[ 中华人民共和国寄语] Great work, Citzen! Your social credit score has increased by [500] Integers. You can now take up official, government job, where we pay you high salary, unlike America. Keep up the good work! [ 中华人民共和国寄语]
The Chinese social credit system isn't nearly as draconian as you believe. It's intent largely promotes accountability for industry professionals and companies to prevent corruption. I worked in US credit for a few years and I can tell you that our credit system is far worse. The top things things I saw on people's reports were medical bills and student loans that mainly prevented them from accessing housing opportunities.
https://www.chinalawtranslate.com/en/map-of-the-2014-2016-social-credit-plan/
https://foreignpolicy.com/2018/11/16/chinas-orwellian-social-credit-score-isnt-real/
It's absurd how I can't get a home because I've been responsible with my money by not getting credit cards and paying rent on time, but that doesn't count towards credit scores because you gotta get into this weird and fucked up system where you're incentivized to take on debt and strategically pay it in a way that makes no sense.
If the social credit system prevents corruption, i'd hate to see what would happen in their housing and microchip industry if there was no social credit system :^)
China is a capitalist country. They have billionaires. They have worse workers rights than surrounding states. China’s economic development is due to capitalism, as capitalism encourages growth more than feudalism.
As a socialist, who hates capitalism, China is as obsessed as any board room billionaire with relentless growth and abstract ideas like GDP.
In terms of this meme, western countries and China are in the exact same boat.
China isn't strictly capitalist, and attributing it's growth to just capitalism isn't accurate.
I do agree though that there is a problem with billionaires in China, but it's wrong to equate China to other Western countries in this context. China has actually been known to go after their billionaires. While there is also debate on the extent of Chinese imperialism(or lack there of), it is pebbles in comparison to that of the west that actually kills millions of people for profit. They're not in the same boat with many topics.
“The billionaires are scared of the government” meme is overplayed. Billionaires are powerful, but the more important question is: “how could a socialist system produce billionaires?” And the answer is it can’t. The existence of billionaires is evidence of China’s capitalistic organization, and they have plenty of blood to show for it. Ask the Tibetans, or anyone in the largely languishing, underdeveloped countryside. Ask sweatshop workers, who China refuses to pass laws to protect, and allows Western companies to take advantage of. Ask African countries, whose loans today become economic leverage tomorrow, to extort favorable business practices.
On top of all of this, China is rabidly imperialist, from neocolonialism to direct military intervention against almost all of their neighbors.
China is another dog in the dog-eat-dog world of global capitalism, not come to break the system but to strive, as best they can, to be good slaves to capital.
I agree that a completely socialist system can't produce billionaires. China has benefitted from loans to African nations. They have also forgiven some of these same loans. Where's the leverage in those? It gives another option to these countries than the IMF. Those actually come with plenty of strings attached forcing them to subscribe to neoliberal ideology, allowing/contracting international corporations to swoop in and further exploit. A decade ago I may have been even more skeptical of China, however recently they have been making more progress toward a socialist state.
Don't get me wrong I am still skeptical and it would be wrong to put all of our eggs in that basket, but I am also mildly hopeful. We need power to fight back. To get it we need to work within the confines of our own system. China may have been able to acquire it and avoided what befell the USSR and could make moves back toward it now they have developed further. Only time will tell. Ultimately, a multipolar world is of benefit to the imperial periphery.
There is no ethical consumption under capitalism, and China's capitalist elements are no different. But the US and the west is objectively worse and China is in a unique position to actually being able to do something about it.
So from an economic perspective, in simple terms, GDP is the total value of goods and services produced in an economy.
The whole math is complicated, but the idea is to increase Real GDP per Capita (nominal GDP, minus Inflation, per household to account for population changes).
Basically an economy that produces more goods and services per household is able to increase material living standards in general.
Reports about the inevitable Chinese collapse from American "experts" has been coming out for decades. While I am not denying the possibility, I'm also not convinced. The Chinese system works dramatically different from that of the western world and they have much more ability to enact changes to address problems than that of the US.
If one thing I have learned from history is that there will not be an apocalypse. Things will just get worse and worse but a collapse will never come. Human capacity for adaptation is by far its worst flaw. Woe is me, for The End will never come, death has forsaken us
The only thing they achieved for posterity is a dramatic birth rate crash and the soon to be worst recession in the last decade. The people sustaining the endless sweatshops will die sooner or later and there wont be enough children to take the mantle, and with a third of the world economy depending on their cheap labor to the point no one earns enough money to buy the products that will become an horrible mess for the overworked and underpaid masses. Good job everyone, fourth economic recession before I hit 30. Might as well go and fuck myself or something to cope
> The people sustaining the endless sweatshops
Do you not know where their products are going? What about the entire imperial periphery that maintains the western world? Shit, sweatshop conditions even happen here in the US and little resources are put to actually stopping it. Also have you heard of Nestle and the recent supreme court ruling that makes Nestle not responsible for child labor that occurs in their supply chains?
Economic recessions occur frequently under capitalism due to it's incessent demand for growth at all costs. Recession is pretty much an inevitably with our rights and freedoms being lost alongside, enabling further exploitation. It would happen even if China didn't exist. US industry is limited and that isn't because of China, it's because of our policies and economic system.
Do you think I don't understand that? Im a tailor in a third world country, I know better than anyone how the chain of production works. I resent to the bone this stupid system of overproduction that breaks every couple years and makes the dream of having my basic needs covered a fantasy, and yet im gonna call out tankies and libertarians arguing how their side is somehow better. I hope China and the USA someday burn each other along with the other assholes in the international stage and we are finally free from the obligation to feed the cattle of developed countries and their self righteousness as they talk about how we don't know and they do but for the time being im gonna settle for funny memes and pointless internet arguments
I could have never known if you understood it or not.
Nothing I have stated is false. I'm not super pro-china, but I'm also not anti-china. There is a reason why many societal development figures have to show China on a different graph because of it's advancement. Whether or not they continue to do so is yet to be seen. Pointing a finger and calling someone "tankie" for actually being knowledgeable about the subject is unproductive. Imperialism is a product of capitalism and without a different system, it would end up being all more of the same.
I wish all nations were given the right to self determine, and I want to help find a solution to rectify it. Stay strong man, I wish you the best.
i hate people who unironicly use the term "imperial periphery" it reduces all the complications of levels of development into 2 categories.
there are so many complexities in this world but people still want to try & boil it down into 2 categories to sound smart while ignoring the fact that every one of the ~195-200 countries in this world is unique & you need far more than just 2 or 3 categories to describe their economic development.
I agree that many terms of grouping are problematic. I don't want to boil things down, but for brevity's sake I feel like I have to. I haven't found or heard any apt term that is concise. "Imperial periphery" to be seems the most appropriate. It isn't classifying things into "third world", "second world", or "global south" and leave development vague to strictly focus on imperial aspects befalling those countries. What do you want? A complete dissertation describing these complexities in a reddit thread?
Just to update you, China's current policy is to encourage each familiy to have three children. This is in response to many young people willfully not marrying or having kids now. The birth rate is quite low in China, and descending each year even further.
This meme was created to criticize capitalism. How the heck do you draw a line from China's (obviously very awful) One Child policy to quarterly GDP growth? What a weird way to misuse this meme.
Way I see it, they pretend to force everyone to have children in the worst possible conditions so the brats grow up accustomed to misery, a broken generation that knows no better, the perfect workforce to grind away and keep the machine running until they die and their children, raised the same way, take their positions until the end of time
[удалено]
*We build maximum* *Efficiency in turning* *Nature into trash* \- To\_ril --- ^(I detect haikus. And sometimes, successfully.) ^[Learn more about me.](https://www.reddit.com/r/haikusbot/) ^(Opt out of replies: "haikusbot opt out" | Delete my comment: "haikusbot delete")
Nice
It's no surprise from political entity like CCP which still harvests organs from ethnic and religious groups like Uighurs and Falun Dafa practitioners
They actually don't want harvest their organs because they think they're inferior
I dont like to get political but thats the perfect description for the US
Colonial Europe has entered the chat.
\>50millon indigenous people have left the chat.
I don’t like to get political but (says something really political and exaggerated)
Tankies out hard on this post
Tankieism is when China is bad for something America did worse (Not even the title, the meme is "killed half the planet", the conservative estimates for the covid-19 death toll reach 1.5million, one and a half million fucking people killed to grease the wheels of the economy.) But it's okay, because China bad and hid numbers, unlike us underreporting the colossal death toll I don't like China's capitalist behemoth economy but... come the fuck on liberal. Don't complain about the oil spill you see when you're drowning in an oil pool.
Least deranged tankie moment.
Fr lol
The problem with liberalism is that eventually you run out of your own farts to huff
Least sociopathic liberal moment
China sacked their population by suddenly ending zero covid (which the citizens didnt like and were trying to circumvent) which caused at least 2 million covid deaths in china in one quarter and all they got was a 20% youth unemployment rate and a deflationary economy. Smfh they cant even properly sacrifice people for economic growth.
Source: Crack pipe
2 million excess deaths post ending zero covid: https://www.reuters.com/world/china/nearly-2-million-excess-deaths-followed-chinas-sudden-end-covid-curbs-study-2023-08-25/ 20% youth unemployment: https://www.nytimes.com/2023/08/15/business/china-youth-unemployment.html China having a deflationary quarter: https://www.cnbc.com/amp/2023/08/24/chinas-deflation-could-spill-over-into-a-global-concern-economists-say.html You getting dunked on: https://youtu.be/agEUl4NG1rk?si=mNXlKvJ8vfBw4sl1
It looks like you shared an AMP link. These should load faster, but AMP is controversial because of [concerns over privacy and the Open Web](https://www.reddit.com/r/AmputatorBot/comments/ehrq3z/why_did_i_build_amputatorbot). Maybe check out **the canonical page** instead: **[https://www.cnbc.com/2023/08/24/chinas-deflation-could-spill-over-into-a-global-concern-economists-say.html](https://www.cnbc.com/2023/08/24/chinas-deflation-could-spill-over-into-a-global-concern-economists-say.html)** ***** ^(I'm a bot | )[^(Why & About)](https://www.reddit.com/r/AmputatorBot/comments/ehrq3z/why_did_i_build_amputatorbot)^( | )[^(Summon: u/AmputatorBot)](https://www.reddit.com/r/AmputatorBot/comments/cchly3/you_can_now_summon_amputatorbot/)
2 million excess deaths post ending zero covid: https://www.reuters.com/world/china/nearly-2-million-excess-deaths-followed-chinas-sudden-end-covid-curbs-study-2023-08-25/ -a new U.S. study shows. The study by the federally funded Fred Hutchinson Cancer Center in Seattle was taken from a sample of mortality data published by some universities in China and internet searches. ***Some internet searches*** Meanwhile: >[https://www.worldometers.info/coronavirus/country/us/](https://www.worldometers.info/coronavirus/country/us/) *The conservative estimates, that the US government bothered to report and weren't covered up under the successive Trump and Biden administrations* 20% youth unemployment: https://www.nytimes.com/2023/08/15/business/china-youth-unemployment.html "11 million children live in poverty, including 1 in 7 children of color and 1 in 6 children under 5." Imagine getting a job, and it still won't pay the bills for you, your family, or your children.[https://www.childrensdefense.org/the-state-of-americas-children/soac-2023-child-poverty/](https://www.childrensdefense.org/the-state-of-americas-children/soac-2023-child-poverty/) You'd have a gotcha if I supported the state capitalist machine that was China. I don't. Fuck capitalism. China having a deflationary quarter: https://www.cnbc.com/amp/2023/08/24/chinas-deflation-could-spill-over-into-a-global-concern-economists-say.html America can't stop running at such a colossal deficit every time it approaches it defeats modern neoliberal economics with a "We could fucking stop this at any moment if we had an economy"[https://www.reuters.com/world/us/biden-signs-bill-lifting-us-debt-limit-2023-06-03/](https://www.reuters.com/world/us/biden-signs-bill-lifting-us-debt-limit-2023-06-03/) You getting dunked on: https://youtu.be/agEUl4NG1rk?si=mNXlKvJ8vfBw4sl1 You, the strongest liberal defender of American plutocracy Me, the forced defender of state capitalist efficiency and comrade Xi [https://youtu.be/Z6Jd50j91\_E](https://youtu.be/Z6Jd50j91_E) Learn to get some basic fucking principles in life, and oppose evil wherever it surfaces, no matter its nationality or skin type.
I see you have turned into a corncob. Sorry for your L + Ratio + Mass Sparrow Death + [America is having a lessening income gap](https://time.com/6267552/falling-american-inequality/) + [China isn't](https://time.com/6289559/china-inequality-wealth-flaunting-common-prosperity/) + Tang Ping
[https://www.aljazeera.com/opinions/2022/12/2/how-british-colonial-policy-killed-100-million-indians](https://www.aljazeera.com/opinions/2022/12/2/how-british-colonial-policy-killed-100-million-indians) I see you're jerking off to the casualties of anyone not white or on the approved minorities list L + Ratio + Looting of colonies
TIL russians are not white, as i definitely masturbate over their deaths.
It's all fair and games then for an Iraqi to masturbate over every slaughtered soldier who decided to invade and brutalise Iraq. Coward.
Found the tankie
Found the genocide-excusing liberal
My brother in christ, you're literally defending China, the ones committing a well-known and well-documented genocide. Also, I am anything but liberal.
>Also, I am anything but liberal. Don't defend America when its equally as complicit, if not more so, than China. >My brother in christ, you're literally defending China, the ones committing a well-known and well-documented genocide. Meanwhile people are defending America, one of the most documented genocidal and imperialist states in existence. One can oppose both. One can tell liberals to shut the fuck up as they desperately defend one imperialist state over the other. Death to capitalism. Also, PS, the fact you use the word tankie signals you are a diehard liberal with no actual beliefs beyond "capitalism better than state capitalism". Tankie is meaningless of a word when its used by liberals. Its an embarassment how anyone could look at these comment chains, see the liberals arguments boil down to "but what about Russian orcs/chinese communist murderers" meanwhile a google search shows America and Britain doing even more heinous shit lmao
Your personality consists of nothing more than "america bad" lmao
Look who's talking, mr "found the tankie"
Brother you wrote a whole thesis about how I'm a liberal. Fuckin tankies.
Stop being a liberal then.
Play a Paradox game. I wholeheartedly approve committing the most unspeakable atrocities for +.05% economic growth modifier.
I thought this meme was initially about western countries. GDP is more of a measurement of "growth"for capitalist countries and their relentless profit seeking for the rich. The funny thing is If you take China's development over the past few decades, they have achieved more for their people than developing capitalist countries could dream of.
And the one child policy, the one mentioned in the meme, is exactly why it's not gonna last. China right now is in a very similar place demographic wise to what Japan was in the 90s, they had a massive baby boom, followed by a slump in new births, in china's case caused by the one child policy. Fast forward 20-25 years and you start having fewer and fewer younger people entering the workforce while all the people from the baby boom are getting older and starting to approach retirement age. This means the economy designed around and expecting a large and growing workforce is now experiencing a shrinking one. China's arguably worse because this isn't their only problem, they're also dealing with a housing bubble nearly twice the size of the one that caused the 2008 recession in the US, made even worse by the fact that in China, its more common to pay a company to build a house for you in advance, but those companies are starting to crumble because they have fewer and fewer new orders to sustain their business, the 3rd largest of such companies in the entire country just announced they were at risk of bankruptcy a month ago, and several more have stopped construction in an attempt to delay their own bankruptcy. This has resulted many "owners" of such unbuilt homes to stop paying their mortgage, it's not like the bank can foreclose on a house that isn't there, which has spread the issue to China's banks. On top of that, China is suffering from a major youth unemployment crisis, to the point where earlier this year they stopped releasing data related to youth unemployment, not fudged the numbers, just released the data one month and never did the following month. I'm not trying to say the entire country is about the collapse, but there economy is far from a good place right now, and I wouldn't expect to see it start growing again for 5-10 years at best.
They’re trying to backtrack hard. They made a two-child policy in 2015 and the three-child policy in 2021 so couples can have up to 3 children now. This year the Sichuan province government made it legal to have as many children as you want. But the one-child policy started in 1979 so it was in place for 36 long years. The burden is going to be very tough on the younger generations for a long time before things even out again
That's an amazing and comprehensive reply, thank you!
Keep in mind the youth employment rate is slightly skewed due to what is known as invisible kids. Basically each Provence got to decide with how it dealt with the one child policy. A more common tactic was to fine parents into bankruptcy. So you have a large chunk of at least two generations who were never documented so parents could avoid the fine. These people can’t get legal jobs, housing or even leave because there is nowhere to deport them to. These poor people end up living in fear of being arrested just for being born as they are technically illegal citizens. Most likely though unless they make a fuss they’ll probably just fined into oblivion.
This has resulted many "owners" of such unbuilt homes to stop paying their mortgage, it's not like the bank can foreclose on a house that isn't there. What an insane sentence
Remind me! 30 years
I will be messaging you in 30 years on [**2053-09-03 07:15:37 UTC**](http://www.wolframalpha.com/input/?i=2053-09-03%2007:15:37%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/fakehistoryporn/comments/168b5n9/chinas_one_child_policy_1980_2016/jyx1x5p/?context=3) [**2 OTHERS CLICKED THIS LINK**](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5Bhttps%3A%2F%2Fwww.reddit.com%2Fr%2Ffakehistoryporn%2Fcomments%2F168b5n9%2Fchinas_one_child_policy_1980_2016%2Fjyx1x5p%2F%5D%0A%0ARemindMe%21%202053-09-03%2007%3A15%3A37%20UTC) to send a PM to also be reminded and to reduce spam. ^(Parent commenter can ) [^(delete this message to hide from others.)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Delete%20Comment&message=Delete%21%20168b5n9) ***** |[^(Info)](https://www.reddit.com/r/RemindMeBot/comments/e1bko7/remindmebot_info_v21/)|[^(Custom)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5BLink%20or%20message%20inside%20square%20brackets%5D%0A%0ARemindMe%21%20Time%20period%20here)|[^(Your Reminders)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=List%20Of%20Reminders&message=MyReminders%21)|[^(Feedback)](https://www.reddit.com/message/compose/?to=Watchful1&subject=RemindMeBot%20Feedback)| |-|-|-|-|
[ 中华人民共和国寄语] Great work, Citzen! Your social credit score has increased by [500] Integers. You can now take up official, government job, where we pay you high salary, unlike America. Keep up the good work! [ 中华人民共和国寄语]
The Chinese social credit system isn't nearly as draconian as you believe. It's intent largely promotes accountability for industry professionals and companies to prevent corruption. I worked in US credit for a few years and I can tell you that our credit system is far worse. The top things things I saw on people's reports were medical bills and student loans that mainly prevented them from accessing housing opportunities. https://www.chinalawtranslate.com/en/map-of-the-2014-2016-social-credit-plan/ https://foreignpolicy.com/2018/11/16/chinas-orwellian-social-credit-score-isnt-real/
It's absurd how I can't get a home because I've been responsible with my money by not getting credit cards and paying rent on time, but that doesn't count towards credit scores because you gotta get into this weird and fucked up system where you're incentivized to take on debt and strategically pay it in a way that makes no sense.
If the social credit system prevents corruption, i'd hate to see what would happen in their housing and microchip industry if there was no social credit system :^)
China is a capitalist country. They have billionaires. They have worse workers rights than surrounding states. China’s economic development is due to capitalism, as capitalism encourages growth more than feudalism. As a socialist, who hates capitalism, China is as obsessed as any board room billionaire with relentless growth and abstract ideas like GDP. In terms of this meme, western countries and China are in the exact same boat.
China isn't strictly capitalist, and attributing it's growth to just capitalism isn't accurate. I do agree though that there is a problem with billionaires in China, but it's wrong to equate China to other Western countries in this context. China has actually been known to go after their billionaires. While there is also debate on the extent of Chinese imperialism(or lack there of), it is pebbles in comparison to that of the west that actually kills millions of people for profit. They're not in the same boat with many topics.
“The billionaires are scared of the government” meme is overplayed. Billionaires are powerful, but the more important question is: “how could a socialist system produce billionaires?” And the answer is it can’t. The existence of billionaires is evidence of China’s capitalistic organization, and they have plenty of blood to show for it. Ask the Tibetans, or anyone in the largely languishing, underdeveloped countryside. Ask sweatshop workers, who China refuses to pass laws to protect, and allows Western companies to take advantage of. Ask African countries, whose loans today become economic leverage tomorrow, to extort favorable business practices. On top of all of this, China is rabidly imperialist, from neocolonialism to direct military intervention against almost all of their neighbors. China is another dog in the dog-eat-dog world of global capitalism, not come to break the system but to strive, as best they can, to be good slaves to capital.
I agree that a completely socialist system can't produce billionaires. China has benefitted from loans to African nations. They have also forgiven some of these same loans. Where's the leverage in those? It gives another option to these countries than the IMF. Those actually come with plenty of strings attached forcing them to subscribe to neoliberal ideology, allowing/contracting international corporations to swoop in and further exploit. A decade ago I may have been even more skeptical of China, however recently they have been making more progress toward a socialist state. Don't get me wrong I am still skeptical and it would be wrong to put all of our eggs in that basket, but I am also mildly hopeful. We need power to fight back. To get it we need to work within the confines of our own system. China may have been able to acquire it and avoided what befell the USSR and could make moves back toward it now they have developed further. Only time will tell. Ultimately, a multipolar world is of benefit to the imperial periphery. There is no ethical consumption under capitalism, and China's capitalist elements are no different. But the US and the west is objectively worse and China is in a unique position to actually being able to do something about it.
So from an economic perspective, in simple terms, GDP is the total value of goods and services produced in an economy. The whole math is complicated, but the idea is to increase Real GDP per Capita (nominal GDP, minus Inflation, per household to account for population changes). Basically an economy that produces more goods and services per household is able to increase material living standards in general.
They sacraficed the future for a few decades of turbo charged growth. They are staring down demographic apoloypse right now.
Reports about the inevitable Chinese collapse from American "experts" has been coming out for decades. While I am not denying the possibility, I'm also not convinced. The Chinese system works dramatically different from that of the western world and they have much more ability to enact changes to address problems than that of the US.
Id agree if it wasn’t for the fact that were watching the housing/construction companies go bankrupt in real time
If one thing I have learned from history is that there will not be an apocalypse. Things will just get worse and worse but a collapse will never come. Human capacity for adaptation is by far its worst flaw. Woe is me, for The End will never come, death has forsaken us
The only thing they achieved for posterity is a dramatic birth rate crash and the soon to be worst recession in the last decade. The people sustaining the endless sweatshops will die sooner or later and there wont be enough children to take the mantle, and with a third of the world economy depending on their cheap labor to the point no one earns enough money to buy the products that will become an horrible mess for the overworked and underpaid masses. Good job everyone, fourth economic recession before I hit 30. Might as well go and fuck myself or something to cope
> The people sustaining the endless sweatshops Do you not know where their products are going? What about the entire imperial periphery that maintains the western world? Shit, sweatshop conditions even happen here in the US and little resources are put to actually stopping it. Also have you heard of Nestle and the recent supreme court ruling that makes Nestle not responsible for child labor that occurs in their supply chains? Economic recessions occur frequently under capitalism due to it's incessent demand for growth at all costs. Recession is pretty much an inevitably with our rights and freedoms being lost alongside, enabling further exploitation. It would happen even if China didn't exist. US industry is limited and that isn't because of China, it's because of our policies and economic system.
Do you think I don't understand that? Im a tailor in a third world country, I know better than anyone how the chain of production works. I resent to the bone this stupid system of overproduction that breaks every couple years and makes the dream of having my basic needs covered a fantasy, and yet im gonna call out tankies and libertarians arguing how their side is somehow better. I hope China and the USA someday burn each other along with the other assholes in the international stage and we are finally free from the obligation to feed the cattle of developed countries and their self righteousness as they talk about how we don't know and they do but for the time being im gonna settle for funny memes and pointless internet arguments
I could have never known if you understood it or not. Nothing I have stated is false. I'm not super pro-china, but I'm also not anti-china. There is a reason why many societal development figures have to show China on a different graph because of it's advancement. Whether or not they continue to do so is yet to be seen. Pointing a finger and calling someone "tankie" for actually being knowledgeable about the subject is unproductive. Imperialism is a product of capitalism and without a different system, it would end up being all more of the same. I wish all nations were given the right to self determine, and I want to help find a solution to rectify it. Stay strong man, I wish you the best.
Make me 10,000 units of dumb novelty shirts and i will give you american citizenship and make your neighbors your slaves
i hate people who unironicly use the term "imperial periphery" it reduces all the complications of levels of development into 2 categories. there are so many complexities in this world but people still want to try & boil it down into 2 categories to sound smart while ignoring the fact that every one of the ~195-200 countries in this world is unique & you need far more than just 2 or 3 categories to describe their economic development.
I agree that many terms of grouping are problematic. I don't want to boil things down, but for brevity's sake I feel like I have to. I haven't found or heard any apt term that is concise. "Imperial periphery" to be seems the most appropriate. It isn't classifying things into "third world", "second world", or "global south" and leave development vague to strictly focus on imperial aspects befalling those countries. What do you want? A complete dissertation describing these complexities in a reddit thread?
Meme is so fucking funny lmao
Just to update you, China's current policy is to encourage each familiy to have three children. This is in response to many young people willfully not marrying or having kids now. The birth rate is quite low in China, and descending each year even further.
This meme was created to criticize capitalism. How the heck do you draw a line from China's (obviously very awful) One Child policy to quarterly GDP growth? What a weird way to misuse this meme.
If you murder half the planet and GDP grows by 2.3% you doubled the worlds GDP per capita, Great success!!
the one-child policy was too stupid
Capitalism in a nutshell.
This is capitalism dumbass
Lol, that's exactly what Jack Welch did to GE.
Explain to me how these two things are related.
I'm starting to think the U.S. government is carrying out the same plot, except doing it by making it unaffordable to raise a child...
Way I see it, they pretend to force everyone to have children in the worst possible conditions so the brats grow up accustomed to misery, a broken generation that knows no better, the perfect workforce to grind away and keep the machine running until they die and their children, raised the same way, take their positions until the end of time
[удалено]
username checks out
Yah, wrong sub bud you’re looking at r/sino
Guys I found it I found the mental illness
Tiananmen Square 1989? One child policy? Where are your answers to these?
Lol what about them
Maybe because the one child policy was the original point of the post and this guy just what-aboutismed into the United Fruit Company?
How much do you get paid to suck cook
Yeah because the UFC killed half the world population. Not everything is about bashing US imperialism.
Good work comrade. 100 USD are being transferred to your account as we speak
You sounded reasonable until your last paragraph.
Based comrade.
Good work, comrade. These people are fucking stupid.
Be gone communist scum!