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Capitalism....so awesome (Read 2355 times)
Mattyfisk
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Re: Capitalism....so awesome
Reply #15 - Nov 17th, 2019 at 12:26pm
 
freediver wrote on Nov 17th, 2019 at 10:51am:
Mattyfisk wrote on Nov 17th, 2019 at 10:30am:
freediver wrote on Nov 16th, 2019 at 1:01pm:
China is embracing capitalism.


That's the point, dear.

And it has no democracy.


It will. 


That's just the standard Hegelian/Fukuyama End of History thesis. The Western-led Washington consensus, the one propagated in all those glorious BBC documentaries and good news development stories, the one sold on CNN and MSNBC, the big wide world being liberated and brought together by free trade. And from this, democracy would organically arise. Why?

Just because.

There is no historical force driving China towards democracy, no internal momentum, and no sign of change. The CCP is not internally democratic, as you put it. It's led completely from above. China is now undergoing a siezmic purge of its enemies within - and without, including Australian citizens. Hong Kong just turned authoritarian. It's resistors are losing.

Terrible news, I know, but the tides are turning as China gets heavier. No Chinese I know believe things will ever change, power-wise - and this from a generation that has seen nothing but change.

The conflict in Hong Kong is over its rule of law. Beijing wants to indict anyone it sees fit to detain. Hong Kong merely wants its justice system to determine that. In one stroke of a pen, China has ended centuries-old legal principles in Hong Kong, and there's no stopping it.

The world's woken up from the quaint Clintonesque view that free markets would bring freedom and democracy. They haven't, and they don't look likely to. Trump and Brexit are signs the West is going backwards - you yourself have latched on to the cause.

China has never promised or indicated that it was moving, inevitably, teleologically, towards a Western model. This is what we're now discovering. We've accepted China's economic growth, its military expansion, its move into our region, even its move into our own political system, and now what? China's not getting more democratic. We're waking up. The Fukuyama thesis was a con. China has fundamentally different social and political values to our own.

And in accordance, we too must change, just as we moved from Mother to Uncle. We had to. Australia has survived by moving from one economic hegemony to another. We're now facing a choice: go down with the US, or join China. All through our region, the smaller states, and even big ones like the Philippines, have made that decision. Why? Because China pays them to, just as the US paid to keep the Soviets out during the Cold War.

Democracy and capitalism have gone through stages, often in direct contradiction to each other. The French never had an empire or led the global economy, despite being the first to become a republic. After Britain, this was left to America, but the "golden age" of capitalism really existed during British colonialism. There was no democracy then. Only wealthy landowners got a vote.

It's possible that we're moving back to those times. The Trump/Brexit crowd are definitely on board. Fixed currencies, trade blocs, tariffs and competing - rather than economically integrated - states and economies.

I don't think this is inevitable. It's possible that a third way will arise, one that allows China to lead the global economy from the shadows, perhaps. But the reason for China's ongoing success, if it continues, will be the same as it was for Mother and Uncle: integrated global markets, free trade and movement.

Forget democracy. That's a different ballgame. A Chinese proverb says that they don't mind who holds the head of the cow as long as they get to milk it.

Pity this doesn't apply in China, eh?


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Mr Hammer
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Re: Capitalism....so awesome
Reply #16 - Nov 17th, 2019 at 12:33pm
 
The Chinese are pretty much a monoculture so they are socially strong. The west is going down because we are growing more socially divided by the day. If you work together you have a strong country no matter what. If you rip yourself apart then you will only get more trouble. Instead of bankers running our countries we need people who understand people. That's our problem.
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Mattyfisk
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Re: Capitalism....so awesome
Reply #17 - Nov 17th, 2019 at 12:46pm
 
Mr Hammer wrote on Nov 17th, 2019 at 12:33pm:
The Chinese are pretty much a monoculture so they are socially strong. The west is going down because we are growing more socially divided by the day. If you work together you have a strong country no matter what. If you rip yourself apart then you will only get more trouble. Instead of bankers running our countries we need people who understand people. That's our problem.


FD's belief is that free markets will determine this, and there is some truth to it, it's just not absolute.

The West is hardly going down, dear. With the exception of China, the G7 are still the most advanced economies.

So far, all that's happening is that China is growing up. And it's doing so under a different political system.
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Sprintcyclist
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Re: Capitalism....so awesome
Reply #18 - Nov 17th, 2019 at 12:47pm
 
Mattyfisk wrote on Nov 17th, 2019 at 12:46pm:
Mr Hammer wrote on Nov 17th, 2019 at 12:33pm:
The Chinese are pretty much a monoculture so they are socially strong. The west is going down because we are growing more socially divided by the day. If you work together you have a strong country no matter what. If you rip yourself apart then you will only get more trouble. Instead of bankers running our countries we need people who understand people. That's our problem.


FD's belief is that free markets will determine this, and there is some truth to it, it's just not absolute.

The West is hardly going down, dear. With the exception of China, the G7 are still the most advanced economies.

So far, all that's happening is that China is growing up. And it's doing so under a different political system.


I believe Australia is in decline
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Mattyfisk
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Re: Capitalism....so awesome
Reply #19 - Nov 17th, 2019 at 1:02pm
 
Sprintcyclist wrote on Nov 17th, 2019 at 12:47pm:
Mattyfisk wrote on Nov 17th, 2019 at 12:46pm:
Mr Hammer wrote on Nov 17th, 2019 at 12:33pm:
The Chinese are pretty much a monoculture so they are socially strong. The west is going down because we are growing more socially divided by the day. If you work together you have a strong country no matter what. If you rip yourself apart then you will only get more trouble. Instead of bankers running our countries we need people who understand people. That's our problem.


FD's belief is that free markets will determine this, and there is some truth to it, it's just not absolute.

The West is hardly going down, dear. With the exception of China, the G7 are still the most advanced economies.

So far, all that's happening is that China is growing up. And it's doing so under a different political system.


I believe Australia is in decline


You'll always be free to return to New Zealand.

Many of us don't have that choice.
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freediver
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Re: Capitalism....so awesome
Reply #20 - Nov 17th, 2019 at 1:24pm
 
Quote:
That's just the standard Hegelian/Fukuyama End of History thesis.


You are confused. But I see now why you keep attempting to contradict someone else's thesis. It is Daron Acemoglu's thesis.

Quote:
There is no historical force driving China towards democracy, no internal momentum, and no sign of change. The CCP is not internally democratic, as you put it. It's led completely from above. China is now undergoing a siezmic purge of its enemies within - and without, including Australian citizens. Hong Kong just turned authoritarian. It's resistors are losing.


https://en.wikipedia.org/wiki/Communist_Party_of_China#Democratic_centralism

Quote:
The CPC's organizational principle is democratic centralism, which is based on two principles: democracy (synonymous in official discourse with "socialist democracy" and "inner-party democracy") and centralism.


Karnal, why is the party able to undergo these "siezmic purges" without massive bloodshed?

Why is it that China is transitioning to capitalism but not North Korea?

The answer to both questions is democracy.
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Mr Hammer
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Re: Capitalism....so awesome
Reply #21 - Nov 17th, 2019 at 1:37pm
 
Mattyfisk wrote on Nov 17th, 2019 at 12:46pm:
Mr Hammer wrote on Nov 17th, 2019 at 12:33pm:
The Chinese are pretty much a monoculture so they are socially strong. The west is going down because we are growing more socially divided by the day. If you work together you have a strong country no matter what. If you rip yourself apart then you will only get more trouble. Instead of bankers running our countries we need people who understand people. That's our problem.


FD's belief is that free markets will determine this, and there is some truth to it, it's just not absolute.

The West is hardly going down, dear. With the exception of China, the G7 are still the most advanced economies.

So far, all that's happening is that China is growing up. And it's doing so under a different political system.

The west is going down dear. It's definitely in decline. Our country is way more wealthy but many people are miserable.
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Mattyfisk
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Re: Capitalism....so awesome
Reply #22 - Nov 17th, 2019 at 2:15pm
 
freediver wrote on Nov 17th, 2019 at 1:24pm:
Quote:
That's just the standard Hegelian/Fukuyama End of History thesis.


You are confused. But I see now why you keep attempting to contradict someone else's thesis. It is Daron Acemoglu's thesis.

Quote:
There is no historical force driving China towards democracy, no internal momentum, and no sign of change. The CCP is not internally democratic, as you put it. It's led completely from above. China is now undergoing a siezmic purge of its enemies within - and without, including Australian citizens. Hong Kong just turned authoritarian. It's resistors are losing.


https://en.wikipedia.org/wiki/Communist_Party_of_China#Democratic_centralism

Quote:
The CPC's organizational principle is democratic centralism, which is based on two principles: democracy (synonymous in official discourse with "socialist democracy" and "inner-party democracy") and centralism.


Karnal, why is the party able to undergo these "siezmic purges" without massive bloodshed?

Why is it that China is transitioning to capitalism but not North Korea?

The answer to both questions is democracy.


The answer to both questions is China's top-down decision to implement capitalist practices WITHOUT democracy.

That is one of the central lessons of the early 21st century. It's one reinforced by authoritarian governments' response, such as Russia and Iran, to the Arab Spring, a populist movement that spread, through the rise of social media, to be brutally suppressed.

This isn't just talk, it's the expressed political view of leaders like Erdogan and Putin, who sell oligarchy over democracy. Economic growth is too fragile to be left to the will of the people, it requires a strong authoritarian leader, a benevolent tyranny.

Donald Trump is a disciple of this view, putting him out of step with the entire Western world. He professes admiration for autocracies like North Korea and mocks democratic Western European leaders. He sides with Putin on fundamentally anti-democratic views. He scorns democratic bodies like the EU and UN, not to improve them or make them better, but to destroy them altogether. He has expressed his admiration for leaders like Ji Jinpeng who have appointed themselves leaders for life. He's supported plans for Putin to do the same.

These things are self-fulfilling prophecies. Russians see their jobs as the result of Putin's strong-armed tactics. The Chinese accept a one-party state in return for economic prosperity. Trump loyalists see a booming economy as the result of Trump merely being there, not the result of coming out of the biggest economic collapse in US history.

The will of the people thus leads to the erosion of democracy, and along with it, the freezing of free trade and increased isolationism.

But you can't have both. Free markets and trade wars don't go together. Russians have very good reasons to fear Western trade policies and IMF loan conditions.They saw massive economic collapse in the transition to capitalism. They see Putin, not the IMF, as their saviour.

Democracy is one thing, free trade is another. Technological innovation and improved human conditions is another thing too. The Chinese have been able to improve their living standards without democracy or a free economy, just as the Soviets once did under Stalin.

People take elements of all these things and apply them accordingly. There are no absolutes or "natural" political-economic conditions.

That's just ideology.



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« Last Edit: Nov 17th, 2019 at 2:21pm by Mattyfisk »  
 
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Mattyfisk
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Re: Capitalism....so awesome
Reply #23 - Nov 17th, 2019 at 2:25pm
 
Mr Hammer wrote on Nov 17th, 2019 at 1:37pm:
Mattyfisk wrote on Nov 17th, 2019 at 12:46pm:
Mr Hammer wrote on Nov 17th, 2019 at 12:33pm:
The Chinese are pretty much a monoculture so they are socially strong. The west is going down because we are growing more socially divided by the day. If you work together you have a strong country no matter what. If you rip yourself apart then you will only get more trouble. Instead of bankers running our countries we need people who understand people. That's our problem.


FD's belief is that free markets will determine this, and there is some truth to it, it's just not absolute.

The West is hardly going down, dear. With the exception of China, the G7 are still the most advanced economies.

So far, all that's happening is that China is growing up. And it's doing so under a different political system.

The west is going down dear. It's definitely in decline. Our country is way more wealthy but many people are miserable.


Great. Do you want to cite your criteria and research?
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freediver
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Re: Capitalism....so awesome
Reply #24 - Nov 17th, 2019 at 2:28pm
 
Quote:
The answer to both questions is China's top-down decision to implement capitalist practices WITHOUT democracy.


How does that, rather than the ability of party members to vote in changes without massive bloodshed, explain their ability to achieve "seismic purges" without massive bloodshed? Are you suggesting capitalism prevents violence?

Also, the CPC's internal democracy came prior to the transition to capitalism. The transition would not have been possible without it. So not only does your answer not make sense, it rests on a refusal to acknowledge reality.

Quote:
That is one of the central lessons of the early 21st century.


You never got round to explaining what the lesson is. Is the lesson nothing more than a bunch of stuff that happened? That we must hide the wood with lots of trees?

Quote:
Democracy is one thing, free trade is another. Technological innovation and improved human conditions is another thing too. The Chinese have been able to improve their living standards without democracy or a free economy, just as the Soviets once did under Stalin.


So you are literally using Russia to disprove the link between democracy, capitalism and wealth? Do you realise how stupid that looks?

Are you still denying that the Chinese communist party is internally democratic? And adding to that a denial that they are transitioning to capitalism?

When does reality ever creep in to your world view?
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Mr Hammer
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Re: Capitalism....so awesome
Reply #25 - Nov 17th, 2019 at 2:30pm
 
Mattyfisk wrote on Nov 17th, 2019 at 2:25pm:
Mr Hammer wrote on Nov 17th, 2019 at 1:37pm:
Mattyfisk wrote on Nov 17th, 2019 at 12:46pm:
Mr Hammer wrote on Nov 17th, 2019 at 12:33pm:
The Chinese are pretty much a monoculture so they are socially strong. The west is going down because we are growing more socially divided by the day. If you work together you have a strong country no matter what. If you rip yourself apart then you will only get more trouble. Instead of bankers running our countries we need people who understand people. That's our problem.


FD's belief is that free markets will determine this, and there is some truth to it, it's just not absolute.

The West is hardly going down, dear. With the exception of China, the G7 are still the most advanced economies.

So far, all that's happening is that China is growing up. And it's doing so under a different political system.

The west is going down dear. It's definitely in decline. Our country is way more wealthy but many people are miserable.


Great. Do you want to cite your criteria and research?
So you are a boomer right. Would you say Australia is happier from what you remeber as a kid?
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Mattyfisk
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Re: Capitalism....so awesome
Reply #26 - Nov 17th, 2019 at 2:57pm
 
freediver wrote on Nov 17th, 2019 at 2:28pm:
Quote:
The answer to both questions is China's top-down decision to implement capitalist practices WITHOUT democracy.


How does that, rather than the ability of party members to vote in changes without massive bloodshed, explain their ability to achieve "seismic purges" without massive bloodshed? Are you suggesting capitalism prevents violence?

Also, the CPC's internal democracy came prior to the transition to capitalism. The transition would not have been possible without it. So not only does your answer not make sense, it rests on a refusal to acknowledge reality.

Quote:
That is one of the central lessons of the early 21st century.


You never got round to explaining what the lesson is. Is the lesson nothing more than a bunch of stuff that happened? That we must hide the wood with lots of trees?

Quote:
Democracy is one thing, free trade is another. Technological innovation and improved human conditions is another thing too. The Chinese have been able to improve their living standards without democracy or a free economy, just as the Soviets once did under Stalin.


So you are literally using Russia to disprove the link between democracy, capitalism and wealth? Do you realise how stupid that looks?

Are you still denying that the Chinese communist party is internally democratic? And adding to that a denial that they are transitioning to capitalism?

When does reality ever creep in to your world view?


The CPC's transition to capitalism was preceded by the Cultural Revolution, dear.

If you're trying to win an argument by referring to the internal structure of the Chinese Communist Party, you've missed the entire point of democracy.

That's about voters choosing between multiple parties.
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Mattyfisk
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Re: Capitalism....so awesome
Reply #27 - Nov 17th, 2019 at 3:09pm
 
Mr Hammer wrote on Nov 17th, 2019 at 2:30pm:
Mattyfisk wrote on Nov 17th, 2019 at 2:25pm:
Mr Hammer wrote on Nov 17th, 2019 at 1:37pm:
Mattyfisk wrote on Nov 17th, 2019 at 12:46pm:
Mr Hammer wrote on Nov 17th, 2019 at 12:33pm:
The Chinese are pretty much a monoculture so they are socially strong. The west is going down because we are growing more socially divided by the day. If you work together you have a strong country no matter what. If you rip yourself apart then you will only get more trouble. Instead of bankers running our countries we need people who understand people. That's our problem.


FD's belief is that free markets will determine this, and there is some truth to it, it's just not absolute.

The West is hardly going down, dear. With the exception of China, the G7 are still the most advanced economies.

So far, all that's happening is that China is growing up. And it's doing so under a different political system.

The west is going down dear. It's definitely in decline. Our country is way more wealthy but many people are miserable.


Great. Do you want to cite your criteria and research?
So you are a boomer right. Would you say Australia is happier from what you remeber as a kid?


Aquascoot's capitalism argument isn't about happiness, it's about human living conditions and economic prosperity.

Happiness is a different thing altogether. I know of rich people who are miserable.

My own economic conditions have massively improved from those of my childhood. My real wages are probably double what my father's were in a similar profession. I can buy more, travel more, there's more choice at the supermarket, workplace health and safety is vastly improved, medication's better, the roads are better and planes are cheap to fly on. I recently flew to Europe in a day rather than spending 2 weeks at sea.

There's one criteria that's gone backwards - house prices. Apart from that, we live in a healthier, more prosperous society than we ever had. Unappiness?

I blame capitalism. It's funny how some things are good and bad at the same time, no?

Unlike FD, I'm allowed to hold conflicting, non-absolutist views.

You?
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Mr Hammer
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Re: Capitalism....so awesome
Reply #28 - Nov 17th, 2019 at 4:04pm
 
Mattyfisk wrote on Nov 17th, 2019 at 3:09pm:
Mr Hammer wrote on Nov 17th, 2019 at 2:30pm:
Mattyfisk wrote on Nov 17th, 2019 at 2:25pm:
Mr Hammer wrote on Nov 17th, 2019 at 1:37pm:
Mattyfisk wrote on Nov 17th, 2019 at 12:46pm:
Mr Hammer wrote on Nov 17th, 2019 at 12:33pm:
The Chinese are pretty much a monoculture so they are socially strong. The west is going down because we are growing more socially divided by the day. If you work together you have a strong country no matter what. If you rip yourself apart then you will only get more trouble. Instead of bankers running our countries we need people who understand people. That's our problem.


FD's belief is that free markets will determine this, and there is some truth to it, it's just not absolute.

The West is hardly going down, dear. With the exception of China, the G7 are still the most advanced economies.

So far, all that's happening is that China is growing up. And it's doing so under a different political system.

The west is going down dear. It's definitely in decline. Our country is way more wealthy but many people are miserable.


Great. Do you want to cite your criteria and research?
So you are a boomer right. Would you say Australia is happier from what you remeber as a kid?


Aquascoot's capitalism argument isn't about happiness, it's about human living conditions and economic prosperity.

Happiness is a different thing altogether. I know of rich people who are miserable.

My own economic conditions have massively improved from those of my childhood. My real wages are probably double what my father's were in a similar profession. I can buy more, travel more, there's more choice at the supermarket, workplace health and safety is vastly improved, medication's better, the roads are better and planes are cheap to fly on. I recently flew to Europe in a day rather than spending 2 weeks at sea.

There's one criteria that's gone backwards - house prices. Apart from that, we live in a healthier, more prosperous society than we ever had. Unappiness?

I blame capitalism. It's funny how some things are good and bad at the same time, no?

Unlike FD, I'm allowed to hold conflicting, non-absolutist views.

You?

I'll tell you what has taken a dive. "Our pride" because of people like you  making people feel guilty for everything. And our social cohesiveness and as a result we are heavily divided. Poor moral can bring down a army and it's affecting our country.
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Re: Capitalism....so awesome
Reply #29 - Nov 17th, 2019 at 4:34pm
 
freediver wrote on Nov 16th, 2019 at 10:21am:
Historically, capitalism has gone hand in hand with democracy, freedom and wealth.


Yes - but it is always a system that benefits the 'few' over the 'many'. A system that is known mostly as a Northern Hemisphere style now, in the modern world.
Where both Politically and Militarily - the 'few' (or even the 'individual' like Caesar) are empowered by it.

The only way 'people' (the many) get empowered is through Art or Religion (up there).

North America
Politics: Individual - Winner
            Mass - Loser
Art : Individual - Loser
        Mass - Winner

...its a simple equation and law of balance where everything is 'equal', in the end.


Australia could never adopt a UK/USA method of Capitalism or Democracy. As you can see currently - it is not working here. It fails to gain any foothold in the future of this country.

Australia will become a Privatised work of Art soon.
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AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY.
 
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