this post was submitted on 29 Jan 2023
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Socialism

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[–] yogthos@lemmy.ml 3 points 2 years ago (2 children)

Life in US is getting worse and worse for vast majority of people. A staggering 63% of people in US today have no saving and live paycheck to paycheck. Around 30 million people are food insecure. There are literal tent cities all over the country. Poverty keeps rising while the wealth continues to be concentrated with a handful of oligarchs. That's the reality of capitalism everywhere.

Meanwhile, quality of life in China continues to steadily improve and the government is actively working on doing things like eliminating poverty, creating public infrastructure, providing healthcare, housing, food, and education for all citizens. Chinese government practically eliminated poverty, and in fact China is the only place in a world where any meaningful poverty reduction is happening. If we take China out of the equation poverty actually increased in real terms:

If we take just one country, China, out of the global poverty equation, then even under the $1.90 poverty standard we find that the extreme poverty headcount is the exact same as it was in 1981.

The $1.90/day (2011 PPP) line is not an adequate or in any way satisfactory level of consumption; it is explicitly an extreme measure. Some analysts suggest that around $7.40/day is the minimum necessary to achieve good nutrition and normal life expectancy, while others propose we use the US poverty line, which is $15.

90% of families in the country own their home giving China one of the highest home ownership rates in the world. What’s more is that 80% of these homes are owned outright, without mortgages or any other leans. Real wage (i.e. the wage adjusted for the prices you pay) has gone up 4x in the past 25 years, more than any other country. This is staggering considering it's the most populous country on the planet. Social mobility in China is far higher than in US.

Finally, capitalist policies kill millions of people each an every year

You continue to expose yourself here as a profoundly ignorant individual. I can't wait to see what inanity you come up with next here.

[–] ExcaliburTwoOne@lemmy.ml 2 points 2 years ago (1 children)

You sure you're not talking about life in Russia and Belarus post-1991? You literally explained life outside of St. Petersburg, Volgograd, Moscow, and Kaliningrad. But okay....

I love how you conveniently left out the lives that perished during China's Great Leap Forward and their immediate adoption of liberal market policies as soon as Mao died. But yeah ignorantly explain to me and leave out the facts of the totalitarian policies and extremely poor working conditions of the "zero-poverty" policies.

[–] yogthos@lemmy.ml 3 points 2 years ago (1 children)

It's absolutely hilarious that you hold strong opinions on the topic regarding which you continue to demonstrate such stunning ignorance. You keep on wallowing in your dogma kiddo.

[–] ExcaliburTwoOne@lemmy.ml 2 points 2 years ago (1 children)

You too. It's wild that you're defending the institution that brought misery to a lot of people.

[–] yogthos@lemmy.ml 3 points 2 years ago

I'm defending an institution that has improved the lives of more people than any other system ever tried. Only an utter ignoramus such as yourself could argue otherwise while defending one of the most heinous systems known to man. You're like a poster child for the American stereotype.

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