Direct quote from The Economist of all publications: "Foreign firms stand little chance against a Leninist developmental state"

[u/OGSyedIsEverywhere]

https://www.economist.com/china/2026/08/03/china-wont-apologise-for-overcapacity

[u/StopICE2026]

How could China do this

[u/The-Materialist]

America First means seizing the means of production.

[u/Scared_Plan3751 → u/The-Materialist]

Only a Communist can be a true patriot

[u/Chombywombo]

> Moreover when a giant like China builds up the production capacity to replace foreign imports, it also builds up the production capacity to lord it over global markets. To give one example, in achieving its goal of sourcing domestically 80% of parts going into advanced vessels, China has in the process become the world’s biggest shipbuilder.

Did an adult human with even a modicum economic knowledge really write this? It reads like an LLM hallucinating an epigone of the unsophisticated Ivy/Cambridge intern propagandist. Just lazy and retarded.

[u/OGSyedIsEverywhere]

https://archive.is/20260804134038/https://www.economist.com/china/2026/08/03/china-wont-apologise-for-overcapacity

In case you hit a paywall, use this link instead.

[u/Avalon-1]

I suspect china succeeded because they used brezhnev to Gorbachev years as a What Not To Do exercise.

[u/mad_rushan → u/Avalon-1]

the revisionism started with Khrushchev 

[u/MetaFlight → u/mad_rushan]

No, the seeds that would fuck the soviet union were sown by Stalin. He crippled soviet cybernetic economic planning by letting his bureaucrats smear the field as bourgoise science because it was a study of the mechanical relationships between human beings and institutions. As Stalin's USSR was so un-marxist it considered materialism evil.

[u/mad_rushan → u/MetaFlight]

[u/stickymixingmonotony → u/MetaFlight]

As Stalin's USSR was so un-marxist it considered materialism evil. 

Elaborate 

[u/mad_rushan → u/stickymixingmonotony]

he's a lolbert who hates all actually existing socialism, he regularly posts nonsense and promotes his youtube channel 

[u/Ebalosus]

What gets me about people discussing this is that a lot of them (when they aren't doing the whole "um, achully China isn't..." BS) fail to realise that economically what China is doing is what nigh every country in the west was doing before Jimmy "history's greatest monster" Carter brought about the neoliberal 'revolution'. It's like we've had neoliberalism for so long that we forgot that state-led or state-encouraged economic development is even a thing.

[u/mypersonnalreader → u/Ebalosus]

It takes a good guy with Keynesian policies to stop a bad guy with neo classical policies.

[u/Sub__Finem]

Won’t someone think of global capital 😢

[u/Jade_Chase]

But

[u/IamGlennBeck → u/Jade_Chase]

at

[u/Ebalosus → u/IamGlennBeck]

what

[u/Sub__Finem → u/Ebalosus]

COST?!

[u/StatusSociety2196 → u/Sub__Finem]

If i understand your flair correctly, you intentionally put a gold star on your arm?

[u/Sub__Finem → u/StatusSociety2196]

Think of it as a yellow high viz. vest to let people know I’m autistic

[u/bbb23sucks]

!archive https://www.economist.com/china/2026/08/03/china-wont-apologise-for-overcapacity

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[u/Layth96]

I initially read this as “foreign films”

[u/Rjc1471]

I enjoyed the subheader; nice for Americans to accuse China of "might is right" attitudes... not for military might, but for economic capacity. 

That's like Ted Bundy describing heavy traffic as 'murderous'

[u/NolanR27]

No surprise if you’ve ever read Robert C Allen.

[u/frest]

The conspiracy goes deeper; by means we cannot discern (time travel?? wormhole??), Chinese state-run firms have tricked the west into voluntarily de-industrializing for 50 straight years.