Remix.run Logo
hackyhacky an hour ago

> But you struggling with rent is entirely your problem...

Who said anything about struggling with rent? Sounds like you a grasping for a straw man.

> I hope that India too can emulate this in my lifetime

I, too, hope the best things for the people of China and of India. But India, by any metric, is already a capitalist economy, where its wealth is concentrated in the hands of a very few.

To the extent that China has been successful is distributing its wealth among many people, I'd say it's the authoritarianism, rather than the capitalism, that has been instrumental. The state sets agendas, quotas, and salaries specifically to produce that outcome. Top-down government control is not a feature of unbridled capitalism.

So we have two large industrializing economies, both capitalist. One (the authoritarian one) has succeeded in drastically reducing poverty; the other has not. And yet you think that capitalism is the driver of equality?

Capitalism produces wealth. You need some other system to distribute that wealth fairly.

F3nd0 29 minutes ago | parent [-]

> Who said anything about struggling with rent?

The person they replied to, in the very comment they replied to…?

> > > The amounts of money circulating whilst some of us struggle to make rent ...