Capitalism is on it's last legs. Perpetual debt to prop it up, interest payments on that debt are verging on being larger than the global economy can service. We are close to capitalism failing completely.

China's current success is from it's socialist market economy. It combines centralised state planning and ownership of key strategic industries with a massive, vibrant private sector. The model drives development using Five-Year Plans, intense local government competition for investment, and an overarching focus on manufacturing and technological self-reliance.

Historically reliant on heavy investment, exports, and real estate, China's economic model is undergoing a massive transformation. Facing a downturn in the property sector, policymakers are pivoting the economy toward "New Quality Productive Forces." This shift emphasises high-end manufacturing, green energy, technological self-sufficiency, and supply-chain resilience to navigate geopolitical tensions.

Post capitalism Australia, where we align with China rather than the US ... if you don't support transporting to a Socialist Market Economy, I guess you are voting for anarchy ?


If not, what's the path forward?