• Cowbee [he/they]@lemmy.mlOP
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    3 months ago

    About half of the PRC’s economy is publicly owned and centrally planned, and the private sector is under strict planning and guidelines. Industries like Steel, which other industries rely on, are publicly owned and centrally planned in a manner that has control over the Private Sector. Five year plans guide the economy, and Capital is subservient to the State.

    I’ll mirror your statement back at you: I do recommend you to read broadly and try to consciously combat your own confirmation biases.

    • nialv7@lemmy.world
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      3 months ago

      Just because they are state owned, doesn’t mean they are planned, not in a planned economy sense. They are no more planned than USPS, BBC, the Network Rail in the UK, or Deutsche Bahn in Germany. I think you have either a misinformed, mistaken, or maybe warped perception of what “planned economy” even means. I have older relatives living there who still have vivid memories of life in planned economy China. And from what I’ve heard I can pretty confidently tell you that it is not this. (But hey, I am just a random guy on the internet, a ghost in the electromagnetic waves, or maybe this is all written by ChatGPT. So you don’t have to believe any of what I said.) If you find a random person on the street of China and tell them China is a planned economy (计划经济 in Chinese, pronounced “ji4 hua4 jing1 ji4” if you need help), you will likely be laughed out of court. Like, a company having a plan (which I’d expect a majority of companies around world that know what they are doing to have) doesn’t mean it suddenly operates in “planned economy”

      I do recommend you to read broadly and try to consciously combat your own confirmation biases.

      Well thanks, that’s how I have been trying to operate anyways. It’s just kind of funny to hear it uttered by someone who clearly only have very superficial (mis)understanding of how China operates/operated. (Which is a fault I have observed many on lemmy.ml to have unfortunately.) Which also calls the characterization of all your other examples into question. I genuinely meant this as an advice, and I wouldn’t have typed all this if not for the ridiculousness of what you are saying.

      I am sure you are very well read, which is commendable and I genuinely think you did well there (most of people nowadays don’t read anymore). Just, like, please also read something that challenges your point of view sometimes.