this post was submitted on 27 Apr 2025
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Years of Cold War propaganda convinced western libs that markets are the antithesis of socialism. So the emergence of markets in China was mistakenly interpreted as meaning the end of socialism in China.
It is interesting that liberalization hurt the USSR, but not China. At least, not yet. I wonder why that is.
China didn't permit key foundational elements of its state and economy to liberalize. Energy, minerals, steel, cement, and other such basics are cornered by state enterprises, and banking is on a very short leash. Meanwhile Gorby gave everything away, and had no leverage over the black marketeers who couped the USSR and become the oligarchs of the Russian Federation and other former Soviet countries
Libs not understanding what socialism is, while frustrating, is such a boon to our efforts worldwide because they cannot effectively combat them without knowing how they work.
:this: