Late Stage Capitalism Coming To China: The Chinese Communist Party Free Market Crack Down Destroying Chinese Businesses – August 30, 2021,
Being that the term “Late Stage Capitalism” forces Socialist to scurry to the nearest exit as the term gets to the heart of why Leftist ideology fails in practice, I’ll give Late Stage Capitalism an easier to understand identification. Late Stage Capitalism is merely a government regulation that dictates that it’s time for the Central Authority to decide how the economy should function.
What separated Chinese Communism from Cuban communism as an example is that the Chinese Communist Party wisely allowed for “Free Market Zones”, even Karl Marx understood the importance of markets, we’re Karl Marx went Left is that he(Karl Marx) assumed markets should be controlled by a central power, which is why the political pamphlet we know as the Communist Manifesto, made sure it pinned one group another.
Socialists typically need an ENEMY to destroy in order to brainwash their subjects, in a free market economy, the enemy is not allowing the free market to INNOVATE itself to prosperity. Most humans are greedy, even as their standard of living improves, many humans instead of being appreciative for their standard of living improvements will instead point to the people who have done better than they have as their new enemy.
Politicians play off human greed and this is one of the reasons why socialism and communism are so popular. When Chinese or East Asian people, in general, are free of a tyrannical government, they often flourish economically, which is what was happening in China, the freedoms allowed to by the Chinese Communist Party(CPP) were and still are producing hundreds of thousands of CHINESE MILLIONAIRES
What’s wrong with that you ask? Well, Jack Ma is what’s wrong with that, in America, a lot of American billionaires, because of existing regulations on the U.S economy, now lobby the government for corporate welfare. Let’s shut down those evil corporations you say? Not so fast, what do you replace them with? Via existing regulations in America, it’s too expensive to replace a lot of the existing corporations in America, meaning that without a lot of the regulations on the U.S economy, a person could start the next Microsoft or Apple out of their basement.
But with all the existing and new regulations like Climate Change, social justice, minimum wage laws, social security, existing taxes, etc, a small business will have to take on a lot of UNNECESSARY almost suicidal risk to be the next Amazon, why? Because socialist and communist ideas are popular in western societies, the government taking from the “rich” and giving to the “poor” is popular, nobody questions why Joe Biden and Barack Obama got so rich via politics, what people want to do is make sure Jeff Bezos is punished for being so successful
If you’ve ever worked in a private company with a union, the culture of that worker environment is usually one of tenureship, which rewards length of employment instead of productivity. This is a Marxist ideal and it’s the basis of Communism, knowing too much, being too smart, too hardworking, or too successful can work against you in a communist country, because your wisdom may contradict or threaten the power of the Communist or Socialist Political Party which obviously has its roots in tenure!
Now, the communists will argue, the success of China is not because of the free market, it’s a success because of the Chinese Communist Party. The socialists will argue, society is great because of all the government regulations put on the economy.
So I’ve often written about Late-Stage Socialism as well as Late Stage Capitalism and as expected, the Leftists change the term of Late-Stage Capitalism, because Leftists have to control the narrative, in a free market the narrative is to innovate your way to prosperity.
But innovation can threaten the TENURE of socialists and communists, technology can make a government employee unemployed. Direct deposit almost bankrupted a lot of post offices worldwide. Recently Bitcoin reshaped the concept of CURRENCY, Bitcoin took the power away from CENTRAL BANKS and brought that power to the people, well, the CCP recognized this very quickly and have since banned Bitcoin in China, in the Western world, we are more socialist, so most likely the central powers will attempt to REGULATE Bitcoin.
Late-Stage Socialism, as well as Late Stage Capitalism, are quite similar, but because humans are unpredictable, the outcomes of government rules and regulations will differ depending on the region. The video below is one worth watching, although the topic appears to be about one thing, the reality of the situation is that Late Stage Capitalism is coming to China, too much innovation is threatening their Communist Regime.
In North America, and many Western nations, the internet is destroying the socialist narratives that dominated Western countries up until recently. It’s important to note that Libertarians were considered kooks or crazy people until the internet allowed people to do a side-by-side comparison with Libertarians vs. Socialists
This was an example of how innovations can tear down stupid ideas, communism is a stupid idea, but if as an example all you care about is ending poverty BY ANY MEANS necessary and the socialists and communists convince you that “for the greater good” you should give up your freedoms and liberties to a central government who knows what’s best for you, well then you get into the China situation.
The Chinese Communist Party in fears of losing its grip on its people’s minds is now engaging in Late-Stage Capitalism, unlike Western countries, which tend to merge corporate entities with government, the Chinese Communist Party, prefers Nationalization , where a Labor Union along with corporate elites will lobby the government in the U.S for special perks, The Chinese Communist Party is the Labour Union and the corporation and will instead ban certain practices and nationalize certain industries.
The PARTY is OVER! China is done! | TheHill
It’s OVER guys, China is no longer an option to work, live and invest in…
For a deeper dive into China’s Propaganda influence and soft power, watch our liveshow ADVPodcasts: https://www.youtube.com/advpodcasts
Interesting times ahead!