• SlayGuevara@lemmygrad.ml
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    6 hours ago

    Lemmygrad admin here. I normally don’t look at reports from other instances but for this I had to make an exception. Probably the dumbest shit I have read so far lmao.

      • davel [he/him]@lemmy.ml
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        4 hours ago

        Reason: “state capitalist”

        Hence my reply:

        Because the Chinese state has fiat monetary sovereignty, it doesn’t function in the capitalist mode. It has no need to make a profit because it has infinite money[1]. It doesn’t need to extract surplus value from workers to satisfy investors, and it doesn’t even need to break even. The logic of capitalism doesn’t apply.

        Ultras fear the scroll.