• ssjmarx [he/him]
    ·
    3 years ago

    Beijing tightly limits the maximum price of electricity—causing generators to reduce their supply or shut down rather than lose money.

    It sucks to lose power, but if the choice is between electricity rationing for all vs increasing the price (aka electricity rationing for the poor), I think most people here would choose electricity rationing for all. Everything else in this article is about how interconnected the global economy is - the pandemic fucked up global supply chains, China has reduced electricity generation as a result of their fucked up coal supply (which is partially exacerbated by the dumb "trade wars" between them and Australia/the US), this reduces the output of Chinese factories, which further fucks up global supply chains.

    • invalidusernamelol [he/him]
      ·
      edit-2
      3 years ago

      Also, China does the opposite of America when there's power shortages.

      They shut down Factories > Commercial centers > Homes

      The US goes Homes > Homes > Homes

      "If your house is cold, stay at work!"

      • vccx [they/them]
        ·
        3 years ago

        Money is still a proxy for labor hours. A poor one, but it discourages waste and "entrepreneurs" setting up Bitcoin farms and raising emissions.

        Mismatching exchanges of labor value causes or exacerbates shortages and inflation. Look at the trouble Venezuela got into by over-subsidizing food when supply could not meet demand.

        Or (oversimplified) when Soviet factories overpaid certain workers and allowed them to trade the equivalents of 1 hours work in energy generation for 2 hours work in agriculture, allowing workers to buy more meat and speciality items that distributers could fulfill.

        • LibsEatPoop [any]
          ·
          3 years ago

          Look at the trouble Venezuela got into by over-subsidizing food when supply could not meet demand.

          Could you give me some links to read up more about this from a leftist perspective?

          Or (oversimplified) when Soviet factories overpaid certain workers and allowed them to trade the equivalents of 1 hours work in energy generation for 2 hours work in agriculture, allowing workers to buy more meat and speciality items that distributers could fulfill.

          Damn.

    • Guy_Dudeman [comrade/them,he/him]
      hexagon
      ·
      3 years ago

      That's a very twisted misinterpretation of his words and intentions. I found this interesting from the article:

      In March 1939, Shohat spent four days speaking to Gandhi at his ashram and emerged discouraged, feeling that Gandhi had adopted an Arab perspective of Zionism.

      Based Gandhi.

      • LeninWeave [none/use name]
        ·
        edit-2
        3 years ago

        :michael-laugh: The professional Gandhi defender is clicking through to the 4-month old thread to defend Gandhi.

        https://hexbear.net/post/116165/comment/1309425


        Cool, but that has absolutely nothing to do with the Holocaust and the following Gandhi quote.

        “Hitler killed five million [sic] Jews. It is the greatest crime of our time. But the Jews should have offered themselves to the butcher’s knife. They should have thrown themselves into the sea from cliffs…It would have aroused the world and the people of Germany… As it is they succumbed anyway in their millions.”

        Also, same thread:

        “Gandhi advocated only for non-violent resistance to the Nazis and sent a conciliatory letter to Adolf Hitler in which he addressed the Fuhrer as a “friend” and wrote that he did not believe the German dictator was the “monster” his opponents described.”

  • Guy_Dudeman [comrade/them,he/him]
    hexagon
    ·
    edit-2
    3 years ago

    In most countries, these prices would be passed on to consumers, but Beijing tightly limits the maximum price of electricity—causing generators to reduce their supply or shut down rather than lose money.

    Why aren't these energy generators nationalized? I thought this was a communist country??

    • please_dont [he/him]
      ·
      3 years ago

      I thought this was a communist country?

      Why? Even the biggest red hardliner inside the CPC wouldnt tell you that. They openly declare and accept that they are barely entering preliminary stages of socialism adapted to chinese conditions.

      Maybe a little less attempts to dunk on them for not having fully nationalized and demarketized everything and not being in a state they wouldnt even dare to claim they are and a little more understanding and reading about what they actualy say and how they openly describe their economy and why its the way it is

      • refolde [she/her, any]
        ·
        3 years ago

        I recognize the OP's username. They were the same person who derailed a thread a while back by going on a tear about China and Tankies (a term I use non-pejoratively). I also remember them also going into right-wing conspiracy shit about China lying about their Covid numbers in the process.

        Based on that, I presume this thread was primarily made for the purpose of going "See!? See!? China Bad! China Bad! See how delusional you tankies are!?"

        • invalidusernamelol [he/him]
          ·
          edit-2
          3 years ago

          They've also been posting russiagate shit lmao, total bad faith poster with a terminal case of

          :brainworms:

          I mean, they just uncritically posted a foreignpolicy article.

            • invalidusernamelol [he/him]
              ·
              edit-2
              3 years ago

              I hope so, is the policy education followed by bullying if they refuse to listen still?

              • wtypstanaccount04 [he/him]
                ·
                3 years ago

                Yes, but compassionate bullying. Bully their ideas but not them (as long as they are open to learn). If they start posting like chuds, treat them like chuds.

                • refolde [she/her, any]
                  ·
                  edit-2
                  3 years ago

                  Considering the way they've been acting and their fixation on this, I really don't have much hope.

                  EDIT: In addition, I can't imagine any of the China Bad users on this site even talking like this guy. Their posts just reads so.... I dunno, inorganic?

            • LeninWeave [none/use name]
              ·
              edit-2
              3 years ago

              lmao, you do know it's in the modlog for anyone to see, right? Literally the latest entry.

              Notably, you also think China have been lying the whole time about their COVID response.

              • Guy_Dudeman [comrade/them,he/him]
                hexagon
                ·
                3 years ago

                you do know it’s in the modlog for anyone to see, right? Literally the latest entry.

                What is? What did I say that was "russiagate shit"? Are you talking about the existence of bot/troll farms? Because if you don't think they exist, then I've got a bridge to sell you.

                you also think China have been lying the whole time about their COVID response

                I never said "the whole time". But if you look at their numbers, that flatline is highly suspect and makes zero sense.

    • Coolkidbozzy [he/him]
      ·
      3 years ago

      they appear to be state-owned companies that compete against each other in a market

      https://energyiceberg.com/state-owned-power-utilities/

        • vccx [they/them]
          ·
          3 years ago

          Do you know how difficult it would take to set up and maintain a command economy for 1.4 Billion people that also has to deal with the stupidity and fickleness of a global capitalist hegemony?

          China's GDP per capita is still only 2/3rds of what the Soviet Union achieved and it's already captured a massive number of global industries and labor-saving techniques used by global capital.

          The late-Soviet command economy could not overcome global capitalism, there's no reason why the Chinese should adopt it long term. The current economic structure is rooted in the early Soviet NEP and theoretical proposals by Bukharin and will be followed until economic planning, production, distribution and exchange can be properly denominated in labor hours. Which is not an easy task. The hybrid system used by the Soviets of attempting to approximate labor-time with currency produced its own problems. Black markets and contradictions were the cancer that killed the Soviet Union and it's not worth repeating their mistakes. 70 years of drastically reduced exploitation, happy lives, and the liquidation of the bourgeoisie class is not preferable to a permanently sustainable economic model that can withstand seige and encirclement by global capitalism.

          • LibsEatPoop [any]
            ·
            3 years ago

            The late-Soviet command economy could not overcome global capitalism, there’s no reason why the Chinese should adopt it long term. The current economic structure is rooted in the early Soviet NEP and theoretical proposals by Bukharin and will be followed until economic planning, production, distribution and exchange can be properly denominated in labor hours. Which is not an easy task. The hybrid system used by the Soviets of attempting to approximate labor-time with currency produced its own problems. Black markets and contradictions were the cancer that killed the Soviet Union and it’s not worth repeating their mistakes. 70 years of drastically reduced exploitation, happy lives, and the liquidation of the bourgeoisie class is not preferable to a permanently sustainable economic model that can withstand seige and encirclement by global capitalism.

            Do you have any leftist reading recommendations on Soviet planning (and its failures)?

    • SolidaritySplodarity [they/them]
      ·
      3 years ago

      This is a communist community so you might want to go read about what that is and why countries have been called communist before getting the idea that you aren't a dumbfuck on this topic at the moment.

    • cilantrofellow [any]
      ·
      3 years ago

      Might be the play? If enough stink is raised maybe they will decide to take control back. Also it might be “nationalised” but not under federal control so subject to heavy provincial corruption.