US, EU, even China and India. Regardless where you are, the economy sucks, housing is not affordable, prices are high, jobs are stagnant and class mobility is nonexistent (except maybe in China).
US, EU, even China and India. Regardless where you are, the economy sucks, housing is not affordable, prices are high, jobs are stagnant and class mobility is nonexistent (except maybe in China).
hence why i mentioned part. unless we consider countries like china lib now, they are faced with the same problem.
i do agree that theres a massive missmanagement of labor hemce why I only said it was part of the problem. not THE problem.
They are practicing Socialism with Chinese characters. Those Chinese characteristics are an adherence to the neo-liberal model set in motion by Nixon and codified under Reagan and Clinton. It basically means that while they do follow a neoliberal model of finance, as opposed to Marxist, they are also willing to exert far more direct productive control over the bourgeois in their nation.
In the U.S. the government gives money to companies and banks that it needs to do well for the sake of the nation, but does not gain a share of the control over the investment, instead opting to exert it’s power over the populace through an ever increasingly complicated and yet shrinking, policy of regulations and tax codes. They are essentially attempting to manage the company from outside the company. The Chinese state on the other hand has controlling shares of companies, particularly the inherent monopolies, that it gives money to, in addition to that regulatory regime, which is much similar to how the U.S. operated in the 50’s, it then also uses that money for massive infrastructure and educational projects.
So China are libs, which is why they are experiencing the problems that they are experiencing, but they, unlike the U.S., have a possible ideological off-ramp from neoliberal finance that currently is holds some degree of power over the bourgeois they can take.
The question is will they be able to recognize it and use it, or if they themselves are dogmatic adherents to the tenants. Basically, are they truly practicing Dengist socialist theory, or have they converted themselves purely towards neoliberal economics.
The problem is sound finance neoliberal mindset.
China doesn’t face a demographic crisis in the way many think even in its present form. It can even reverse some of the birth rate decline if it pushes up wages, guarantees employment and puts a cap on working hours.
You are pinning something that may happen decades from now as an excuse for unemployment and wasted resources today.
Does “saving” money by allowing unemployment help mobilize Healthcare resources in the future? No. In fact it does the opposite. Real resources cannot be transferred across time by “saving” money. People get older, demographics change as time passes and austerity only hurts in this regard.
Then why are government workers at some point going around asking woman to get pregnant, I understand that its possible for them to push up wages and lower working hours, but the current situation doesn’t all point to that direction (im aware of them trying to cut down and enforce the removal of 996, however effective or not it may be)
China has the opportunity to as you said, just pay them more, but they haven’t quite yet done so.
I’m saying what should be done. Calling asking women to get pregnant is analogous to YIMBYs calling for just building more homes, a very micro “solution” to a macro level issue. It is very much linked to growth for growth sake attitude.
Free childcare, guaranteed employment, fixed hours, labor protections is how you fix declining fertility. Do all this not focusing on fertility rates but because it’s the right thing to do for workers.