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@raucao the problem with those graphs is that all the important details are lost in the overall trend line. @h
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@raucao @h how do the trend lines for "capitalist" countries compare against those for countries with hybrid political-economic systems?
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@raucao @h within "capitalist" countries, how do the trend lines for pre-WW2 compare to WW2 to 1980, or either to 1980-now (neo-liberalism)
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@raucao @h the quote indicate that every country that has ever existed is actually a hybrid of capitalist and non-capitalist aspects
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@raucao @h those we tend to think of as "capitalist" are usually those that combine strong property rights with multi-party elections
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@raucao I could do your research for you, but for now I'm just pointing out your propaganda graphs don't prove anything
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@raucao China has much less poverty than the US, despite having a much larger population and fewer resources. What's your point?
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@raucao neo-liberalism is a catch-all term for things like the large scale privatization of public commons, by corporate-captured states
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@raucao moving things like health care or education out of public ownership, so private owners can extract wealth, increases inequality
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@raucao how could they not? Where is that extracted wealth 1% get from owning former public commons coming from, if not from everyone else?
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@raucao I have, and I think if you did the same, you might be surprised
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@raucao they didn't introduce "capitalism". The vast majority of everything is still publicly owned. That's why poverty is reducing
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@raucao talk about"corporatocracy" avoids the point that privatization (increased private ownership) increases ineqality > increases poverty
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@raucao There is no private property in real estate in China, only long term leases. All three telecoms companies are publicly-owned.
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@raucao please explain in what part of the Chinese economy has private property increased (your definition of "capitalism")
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@raucao but why do governments do hat? Because they are captured by the owners of are pools of private wealth ie because of capitalism
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@raucao capitalist use their wealth to hijack governments, to privatize more commons into private wealth, rinse, repeat ie capitalism
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@raucao if we're going to make headway discussing poverty, or anything else, we need to define our terms https://c4ss.org/content/50456