• backalleycoyote@lemmy.today
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    3 hours ago

    The meme is a hyperbole because it’s a meme, we know there’s no single switch. However, I point out again, China has had a long running developmental, implemental, transitional, and establishment phase and will have significant power as it continues to digest the American economy on multiple fronts. The United States gutted its industrial capacity, diluted its education, and is leading the way on ass backwards energy. It’s priced its own citizens out of ownership of land and as a substitute they embraced consumerism of low cost goods as a proof of “success”. What is owned by Americans is largely in the hands of a handful of oligarchs that for all their anti-China rhetoric are also more than willing to enrich themselves at a loss to their poorer fellow citizens because unlike the Gilded Age elite, they don’t give a shit about their legacy, only what they can achieve in their lifetime. Even without the current regime, the US was in massive decline, they’re just speed rolling it because they’ve found a way to profit.

    China doesn’t have to flip the switch of “let’s start phase one socialism” nor the switch of “death of American capitalism” because both those have been flipped already. Dismantling capitalism is not an on/off, it’s a dimmer. The idea that the first phase would take time was rooted in the idea that poor or underdeveloped countries would struggle to transition from illiteracy/subsistence farming to a industrial capable state, that they’d have to do as Russia/China did and have their own industrial/technological revolutions and developments possibly over decades to centuries, as well as deal with adverse global conditions. But it is temporary.

    America is in decline and its infrastructure crumbling, but it has the core amenities of a developed nation. China has been a global power for quite some time. Neither has to have industrial or technological revolutions. The biggest hurdle the Chinese supremacy has been that the US had been the relatively stable global finance standard for years and has used that adversarially. If that’s finally removed, why not begin the process of elimination of money? Prolonged is a good word because when you have all the cards but refuse to play your hand, you’re prolonging the game.

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      3 hours ago

      You’re completely ignoring the contradictions present within China itself here. China still has a capitalist class, and it is still in the primary stages of socialism with the workers having established a class dictatorship over capital, but China is far from abolishing existing relations right now. The collapse of the west is certainly a prerequisite for the transition to any higher stage of socialism, but it will be a long time before relations start meaningfully changing with China itself, let alone the rest of the world.