Why can’t any government in the world aim to tax ultra rich more whilst making easier for small to medium large businesses to thrive. And policies on property supply rather than property buyers like all sorts of first time buyers programs.

Why are only same old policies keep being peddled when the world is still going to shit?

That doesn’t involve reducing the government size and budget entirely or subscribing to any extreme left or right?

  • ☆ Yσɠƚԋσʂ ☆@lemmy.ml
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    4 days ago

    huh?

    90% of families in the country own their home giving China one of the highest home ownership rates in the world. What’s more is that 80% of these homes are owned outright, without mortgages or any other leans. https://www.forbes.com/sites/wadeshepard/2016/03/30/how-people-in-china-afford-their-outrageously-expensive-homes

    Chinese household savings hit another record high in 2024 https://www.wsj.com/livecoverage/stock-market-today-dow-jones-bank-earnings-01-12-2024/card/chinese-household-savings-hit-another-record-high-xqyky00IsIe357rtJb4j

    People in China enjoy high levels of social mobility https://www.nytimes.com/interactive/2018/11/18/world/asia/china-social-mobility.html

    The typical Chinese adult is now richer than the typical European adult https://www.businessinsider.com/typical-chinese-adult-now-richer-than-europeans-wealth-report-finds-2022-9

    Real wage (i.e. the wage adjusted for the prices you pay) has gone up 4x in the past 25 years, more than any other country. This is staggering considering it’s the most populous country on the planet. https://www.youtube.com/watch?v=Cw8SvK0E5dI

    The real (inflation-adjusted) incomes of the poorest half of the Chinese population increased by more than four hundred percent from 1978 to 2015, while real incomes of the poorest half of the US population actually declined during the same time period. https://www.nber.org/system/files/working_papers/w23119/w23119.pdf

    From 1978 to 2000, the number of people in China living on under $1/day fell by 300 million, reversing a global trend of rising poverty that had lasted half a century (i.e. if China were excluded, the world’s total poverty population would have risen) https://www.semanticscholar.org/paper/China’s-Economic-Growth-and-Poverty-Reduction-Angang-Linlin/c883fc7496aa1b920b05dc2546b880f54b9c77a4

    From 2010 to 2019 (the most recent period for which uninterrupted data is available), the income of the poorest 20% in China increased even as a share of total income. https://data.worldbank.org/indicator/SI.DST.FRST.20?end=2019&amp%3Blocations=CN&amp%3Bstart=2008

    By the end of 2020, extreme poverty, defined as living on under a threshold of around $2 per day, had been eliminated in China. According to the World Bank, the Chinese government had spent $700 billion on poverty alleviation since 2014. https://www.nytimes.com/2020/12/31/world/asia/china-poverty-xi-jinping.html

    Over the past 40 years, the number of people in China with incomes below $1.90 per day – the International Poverty Line as defined by the World Bank to track global extreme poverty– has fallen by close to 800 million. With this, China has contributed close to three-quarters of the global reduction in the number of people living in extreme poverty. https://www.worldbank.org/en/news/press-release/2022/04/01/lifting-800-million-people-out-of-poverty-new-report-looks-at-lessons-from-china-s-experience

    None of these things happen in capitalist states, and we can make a direct comparison with India which follows capitalist path of development. In fact, without China there practically would be no poverty reduction happening in the world.

    If we take just one country, China, out of the global poverty equation, then even under the $1.90 poverty standard we find that the extreme poverty headcount is the exact same as it was in 1981.

    https://www.currentaffairs.org/2019/07/5-myths-about-global-poverty

    The $1.90/day (2011 PPP) line is not an adequate or in any way satisfactory level of consumption; it is explicitly an extreme measure. Some analysts suggest that around $7.40/day is the minimum necessary to achieve good nutrition and normal life expectancy, while others propose we use the US poverty line, which is $15.

    https://www.cgdev.org/blog/12-things-we-can-agree-about-global-poverty

    • BeNotAfraid@lemmy.ml
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      4 days ago

      Yet, they lack the simple freedom to acknowledge the existence of a certain date in their country’s history. The recognition of which, will result in their arrest and potential disappearance. Freedom is not free if your acknowledgement of the truth is considered “wrong think.”

      • Grapho@lemmy.ml
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        4 days ago

        Libs refuse to read anything that isn’t young adult fiction and thus are confined to pretending the real world is literally 1984 or literally Voldemort or literally the Hunger Games.

        Shit, the brainrot is so advanced we’re getting “literally like that marvel movie” more often than not nowadays bc y’all can’t even read kid books more.

      • Cowbee [he/they]@lemmy.ml
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        4 days ago

        You can talk about June 4th, 1989 in China. Chinese usually call it the “June 4th incident,” which is what the government uses when referencing it in official statements on the subject.

        • Grapho@lemmy.ml
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          4 days ago

          And they can talk about it on its own terms (that is, more truthfully) because they don’t have the obligatory ritual of painting the entire picture the CIA gave foreign media before they can talk about the actual facts.

      • Kras Mazov@lemmygrad.ml
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        4 days ago

        That is bullshit. If you are refering to Tiananmen Square, then I highly recommend you watch the channel Felipe Durante on YouTube. He’s a Brazilian living in China and he have talked about it several times, and even talks about how his colleagues talk about it.

        This idea that China is some sort of dystopian hell where you cannot talk about this stuff is just a western lie.

        • BeNotAfraid@lemmy.ml
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          4 days ago

          Yo, so I would like to first point out. I am not at all talking down to you, or denigrating your lived experience. I am just pointing stuff out and I do not mean any offense and I mean all of this. First, this is taken from the Wikipedia page regarding The Tiananmen Square Protests and Massacre:

          **The Chinese government continues to forbid discussions about the Tiananmen Square protests[315][316] and has taken measures to block or censor related information, in an attempt to suppress the public’s memory of the Tiananmen Square protests.[2] Textbooks contain little, if any, information about the protests.[317] After the protests, officials banned controversial films and books and shut down many newspapers. Within a year, 12% of all newspapers, 8% of all publishing companies, 13% of all social science periodicals, and more than 150 films were either banned or shut down. The government also announced that it had seized 32 million contraband books and 2.4 million video and audio cassettes.[318] Access to media and Internet resources about the subject are either restricted or blocked by censors.[319] Banned literature and films include Summer Palace,[320] Forbidden City, Collection of June Fourth Poems,[citation needed] The Critical Moment: Li Peng diaries and any writings of Zhao Ziyang or his aide Bao Tong, including Zhao’s memoirs.

          Print media that contain references to the protests must be consistent with the government’s version of events.[267] Domestic and foreign journalists are detained, harassed, or threatened, as are their Chinese colleagues and any Chinese citizens who they interview.[321] Thus, Chinese citizens are typically reluctant to speak about the protests because of potentially negative repercussions. Many young people who were born after 1980 are unfamiliar with the events and are therefore apathetic about politics. Youth in China are sometimes unaware of the events, the symbols which are associated with them such as the Tank Man,[322][323] or the significance of the date of the massacre 4 June itself.[324] Some older intellectuals no longer aspire to implement political change. Instead, they focus on economic issues.[325] Some political prisoners have refused to talk to their children about their involvement in the protests out of fear of putting them at risk.**

          “Just watch that channel.” On that platform owned and operated by Google. Who were ousted previously for Project Butterfly, which was their move to illegally enter the Chinese Market. I say illegally, as Google, being an American company and major piece of the Global Spy network created under the Patriot Act, had no business working with an enemy of the State. Complying with Chinese censorship requirements and narrative control. The same Google who Alphabet were ordered to break up. Then found in contempt of court and now, miraculously still exist unchanged. My brother in Christ, from the bottom of my heart, please hear me. The corporate media we are consuming, whether produced through Legacy Media outlets owned by Billionaires. Or for Youtube, (also owned by Billionaires) is lying to all of us. That is why we are here, on Lemmy, a federated instance of a reddit clone. If I might offer a counter-narrative. Perhaps, this video you describe would exist as a token to show the tolerance of the Chinese government and their perceived modernity. They’re so well-known for their reactions to the mention of the single most globally derided act of barbarism against its own citizens. Despite the contrary being overwhelmingly well-documented and understood across academia. Or, maybe it is allowed to exist to benefit global corporatism by whitewashing the atrocities committed by China throughout the Tiananmen Square protests and Massacre. If we examine the global political climate we can deduce that the production of this content may serve the broader purpose of recontextualising global youth opinions of China. Potentially to ingratiate the Western Hemisphere into lifting the arms embargo between America/EU to China. Maybe to be timed at the heels of a global conflict driven by the collapse of the world’s reserve currency at the hands of billionaire sycophants created by Big Tech monopolies.

          The same ones controlling the production, dissemination and censorship of all of the content on their platforms by virtue of being the capitalist owners of those that produce the unending novelty for the platform owners, for free. That also produce the algorithm that constantly feeds us tailored content, based on the massive profile of every single online activity, google search, voice note, photograph and recorded conversation that they have collected on all of us for the last quarter century. If there are people left by the end of this, there will be myths and legends about how humanity was manipulated into destroying itself. Using science meant to addict us, normalise loneliness and retrain our discourse to be innately combatant, disbelieving and adversarial. All because we are slaves to the mass hallucination. That fiat money actually exists and that it gives corporations power.

          But that’s just like, you know, my opinion or whatever…

      • ghost_of_faso3@lemmygrad.ml
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        3 days ago

        Every single Chinese person ive ever met (i’ve lived in Shenzen and I know a few in the UK) has been open to discussing what happened there what are you on about lmao