this post was submitted on 31 Jan 2025
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[–] [email protected] 3 points 5 hours ago* (last edited 5 hours ago)

Because the Chinese state has fiat monetary sovereignty, it doesn’t function in the capitalist mode. It has no need to make a profit because it has infinite money[1]. It doesn’t need to extract surplus value from workers to satisfy investors, and it doesn’t even need to break even. The logic of capitalism doesn’t apply.

Ultras fear the scroll.