• Awoo [she/her]@hexbear.net
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    1 year ago

    2008 was caused by bankers doing extremely illegal shit. How many people were imprisoned for it?

    They could do it. But they don’t want to. The difference here is that in the west the financial elite are the ruling class and the proletariat are under the boot. In China the proletariat are the ruling class and the bourgeoisie are under the boot.

    • pillow [she/her]@hexbear.net
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      1 year ago

      2008 was caused by bankers doing extremely illegal shit. How many people were imprisoned for it?

      I’d say the point is more that the behavior that led to 2008 was substantially legal under a system designed to grease the wheels of financial capital at all costs

      • Awoo [she/her]@hexbear.net
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        1 year ago

        Sure. That too. But jack shit happens when what they’re doing is actually illegal too. All over the west there are different financial laws where they definitely crossed the line, not a single country did shit to them for it. They are the ruling class and the system will not pursue them unless there is a threat to the system itself if they’re not pursued.

        • SoyViking [he/him]@hexbear.net
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          1 year ago

          A few years back it was discovered that several of Denmark’s largest banks had a practice of systematically defrauding delinquent debtors by making them believe they still owed debts that had been paid back already or had passed the statute of limitation. The practice had gone on for at least four decades. Senior management of the banks knew about the “error” as it was euphemismically called for years. At the end the banks had to go through their books and pay some of the stolen money back but nobody ever mentioned the possibility of jail time, fines or any other kind of penalty for anyone.

      • zed_proclaimer [he/him]@hexbear.net
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        1 year ago

        proletarian dictatorships tend to have long-ruling leaders who are symbols of proletarian power that the masses can concentrate around and trust, because they have proven their allegiance in the revolution. Every proletarian state has had long-serving heads of state.

        Democracy isn’t “when leader changes a bunch”. That just means a volatile system, or a system where the leader doesn’t matter anyway and is just a rotating door.

      • KarlBarqs [he/him, they/them]@hexbear.net
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        1 year ago

        The President of China hasn’t changed in ten years

        Germany had the same president for 16 years. Canada had the same one for 9.

        Maximum term limits in the US is eight years

        What the fuck are you talking about? Free democracy is when your leader changes every two years?

      • hopelessbyanxiety [he/him, she/her]@hexbear.net
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        1 year ago

        Im pretty sure the number of parties that can run for election and actually get elected, doesnt say much about democracy. Just look at the eu and their austerity policies, through the decades if you wish. Also i think the multiparty system was tried in Chile in the 70s, they didnt oppress opposition. They got couped. The multiparty system is a western thing, and the chinese dont need to pretend they’re white. I’d say a more accurate way of measuring democracy is to ask: is the government following the interest of the people? In that sense ok theyre not perfect, but give me a multiparty system thats better than china.

        • usernamesaredifficul [he/him]@hexbear.net
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          1 year ago

          the Chinese party system is more complicated than there just being one party. There are multiple political parties but the chinese constitution specifies how powerful each of them are.

          the other parties exist as a source of political ideas

          • GarbageShoot [he/him]@hexbear.net
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            1 year ago

            There are multiple political parties but the chinese constitution specifies how powerful each of them are.

            Generally, it specifies how powerful they can be, i.e. it puts a cap on their power rather than giving them power. It is still up to them to survive among their constituency.

      • CloutAtlas [he/him]@hexbear.net
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        1 year ago

        Xi’s father was actually purged from the party, and the family was exiled to the countryside to live among the working class. He never finished high school until he was an adult.

        Within that context, he went from living in a cave (This is not an exaggeration, he was in a village in Shaanxi, northern China where people live in rooms carved into the side of cliffs and mountains for housing that’s cool in summer and easy to insulate in winter. He literally lived in a man made cave) doing manual labour to the president of a global superpower. He’s had more experience among the working class than most previous Chinese leadership.

      • usernamesaredifficul [he/him]@hexbear.net
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        1 year ago

        Term limits are actually undemocratic and only exist in America because the American president can do whatever the fuck they want (unless they want to enact policy it’s a very silly system)

        • CrushKillDestroySwag@hexbear.net
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          1 year ago

          Notably term limits were only implemented after FDR, who was obscenely popular not just because he was a wartime president but because of the New Deal.