It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by Where2Hide2006
What I don't understand... Communism is a type of Economic System and not a type of Government... so therefore their economy must be very different than ours... but they have a stock market and a lot of American's are currently investing in Chinese Corporations... but aren't these companies owned by the Chinese Govt?
Originally posted by Where2Hide2006
Another Question I have is... if everyone is considered EQUAL in wealth... then you are saying that a doctor and a lawyer get paid the same amount as a fast food delivery boy or a waitress?
Originally posted by Where2Hide2006
Correct me if i am wrong, please, but isn't Communism supposed to be the way to destroy the Wealth Class system that Capitalism favors?
I really don't understand Communism... is it an economic system ... or is it just a Politcal System that came to power by talking about now wealth classes and equality....
Originally posted by Where2Hide2006
I wasn't sure where to start this thread...sorry Mods if its in the wrong place.
The reason for this thread is that I admit that when i comes to China's Economic System I am completely ignorant. I thank my World History teachers because they didn't teach anything about Communism except that it was bad. nuff said, right? NO!!! I would like anyone who has an understanding of how it works please let us all know. I understand that Communism is a system where everyone is considered an equal and the government employees everyone because the govt. owns all of the businesses...right? I don't even know!
What I don't understand... Communism is a type of Economic System and not a type of Government... so therefore their economy must be very different than ours... but they have a stock market and a lot of American's are currently investing in Chinese Corporations... but aren't these companies owned by the Chinese Govt?
Another Question I have is... if everyone is considered EQUAL in wealth... then you are saying that a doctor and a lawyer get paid the same amount as a fast food delivery boy or a waitress? Correct me if i am wrong, please, but isn't Communism supposed to be the way to destroy the Wealth Class system that Capitalism favors?
I really don't understand Communism... is it an economic system ... or is it just a Politcal System that came to power by talking about now wealth classes and equality....
I am in desperate need. Can you help me to Understand...please!
Originally posted by Where2Hide2006
I wasn't sure where to start this thread...sorry Mods if its in the wrong place.
The reason for this thread is that I admit that when i comes to China's Economic System I am completely ignorant. I thank my World History teachers because they didn't teach anything about Communism except that it was bad. nuff said, right? NO!!! I would like anyone who has an understanding of how it works please let us all know. I understand that Communism is a system where everyone is considered an equal and the government employees everyone because the govt. owns all of the businesses...right? I don't even know!
What I don't understand... Communism is a type of Economic System and not a type of Government... so therefore their economy must be very different than ours... but they have a stock market and a lot of American's are currently investing in Chinese Corporations... but aren't these companies owned by the Chinese Govt?
Another Question I have is... if everyone is considered EQUAL in wealth... then you are saying that a doctor and a lawyer get paid the same amount as a fast food delivery boy or a waitress? Correct me if i am wrong, please, but isn't Communism supposed to be the way to destroy the Wealth Class system that Capitalism favors?
I really don't understand Communism... is it an economic system ... or is it just a Politcal System that came to power by talking about now wealth classes and equality....
I am in desperate need. Can you help me to Understand...please!
Originally posted by Echtelion
Originally posted by Where2Hide2006
China has a government that, upon some communistic ideology and principles, impose law and order in a very bureaucratic and repressive manner, and gives little or no place at all to political opposition, but all of this while for decades, there's been big capitalistic businesses from Western countries and Japan who have been investing there and savagely exploiting resources and workforce, all this with the agreement and even the complicity of this government, by giving them priviledged access to land and allowing deregulation of labor and production (and that includes, among others, a lack of regulation of environmental practices into production).
It is a tyrannical State, YES. If it's more tyrannical than countries like USA, Canada, Russia, Brasil, France and Italy... this can be discussed (although I'd say that it isn't), but it surely is NOT a communist regime with an economy controlled by State under communistic principles!
[edit on 15/2/06 by Echtelion]