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“Capitalism has reduced global poverty” is a bourgeois myth!

“Capitalism has reduced global poverty” is a bourgeois myth! | YOU KNOW WHAT GRINDS MY GEARS? AMERICANS CREDITING GLOBAL CAPITALISM WITH REDUCING GLOBAL POVERTY, WHEN THIS IS LARGELY ATTRIBUTED TO CHINA, AND CAPITALIST COUNTRIES HAVE LITERALLY INCREASED POVERTY IF YOU ADJUST THE EXTREME POVERTY THRESHOLD FROM $2 A DAY. | image tagged in memes,peter griffin news,china,capitalism,socialism,poverty | made w/ Imgflip meme maker
731 views 8 upvotes Made by TriggeringConservatives 3 years ago in politics
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4 Comments
[deleted]
0 ups, 3y,
1 reply
The reduction in poverty in China is mostly due to Xi's revolution, where he turned China from a communist country into a fascist country (the merger if the corporation and the state).
So you are saying that fascism is good because it reduces poverty?
0 ups, 3y,
1 reply
That’s like saying the USSR was fascist because the state nationalized key industries and organized them into trusts.
[deleted]
0 ups, 3y,
1 reply
No. There was no competition and the central soviet still set prices. China is different because they allow capitalist competition and then just fill the boardroom of any successful company with members of the communist party. Any foreign company that moves into China (something that the soviets would not have done) have members of the communist party inserted into the Chinese wing of the company.
0 ups, 3y
I fail to see how this is fascist and not market socialist.
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YOU KNOW WHAT GRINDS MY GEARS? AMERICANS CREDITING GLOBAL CAPITALISM WITH REDUCING GLOBAL POVERTY, WHEN THIS IS LARGELY ATTRIBUTED TO CHINA, AND CAPITALIST COUNTRIES HAVE LITERALLY INCREASED POVERTY IF YOU ADJUST THE EXTREME POVERTY THRESHOLD FROM $2 A DAY.