Marx coined the term, sure. But he didn’t come up with much more than that and a very rudimentary theory on how it would work. Lenin put it into practice and actually created it as an economic model. Everything else you’re arguing is theoretical semantics. How the thing works is how the thing works.

It’s important to consider the conditions in which state ownership was deemed necessary. Countries with a starving and illiterate working class isn’t as capable at a true worker owned economy as one that already has a well fed and educated working class. A true socialist society needs basic infrastructure and fulfillment of the basic needs of its people before it can be properly implemented.

Lenin’s concept of the Dictatorship of the Proletariat was intended to be a temporary system intended on rapid development and growth of the economy. It was more important to try and stop starvation and establish railroads than build worker co-ops. The mistake was when the leaders that came after decided to never cede power back to the working class.

I used to love that dude, too. I also used to go on Reddit though. Thankfully, I’ve outgrown both.

They don’t address the main issue though. The wealthiest people hide all their money in stocks and then use those stocks as collateral to get incredibly cheap loans.

Authoritarianism is not equal to capabilities. In fact, the Soviet space program was significantly more capable for a very long time

Looking at their space station, I think China already has overtaken NASA.

Companies get by making keyboards and power supplies all the time.

Anyone who supports a corporation is just a big dumb dummy.

Well according to the previous math, they retained 10% of their revenue and 75% of their profits. I know, math is hard.

Tesla apologist

Or just bump it to six

Well I think this article and comment section is a clear indication of the power of this information when used for propaganda.

That’s because it’s being applied to Western standards. China spends a crazy amount of money on social welfare and government assistance. Minimum wage is around or less than 2000 Yuan a month around the country, yes. But, that’s completely ignoring currency exchange rates and cost of living.

Cost of living in Shanghai and Beijing are around 4,500 Yuan. Which means a couple or two roommates can live on minimum wage in the biggest cities. Compare that to minimum wage and cost of living in New York City or LA which is $1,280 a month, costing $4,300 and 1,342 a month, costing $5,576 respectively.

Tldr: how much money you make is only relevant when compared to your cost of living. It’s not hard to live in China on $300 a month.

They’re talking about whatever version of capitalism you call the West. At least that’s how it’s worded.

Trump isn’t president yet

It’s just plain old capitalism.

I like your style

Aren’t most of these companies too big to merge with each other?

Just like the SpaceX engineers told musk they should do the first time.

It’s starting to sound like they should unionize