China's New Stragety

[novemba]

I heard on NPR that China was buying whole US companies.

That got me to thinking if a "communist" country where to buy out all the companies in a capitalist country, what would happen? Could that hasten the world wide revolution...?

[Enragé]

no because then you would still have the same systems of exploitation in place.

And face it, china is not communist or socialist.

[Phalanx]

No, it probably won't benefit workers' lives, but it will probably even out the power in the world. After that, I see a war coming between the two powers, hopefully destroying the old relics of imperialism.

[novemba]

Nah, you're not seeing where I'm coming from. If a communist country bought a capitalist company, they could give the workers better pay and condition for little or no profit. If anything it would hurt the host country more than the buyer.

[Phalanx]

Yeah, in theory this may work. But as China is not Communist, I have trouble seeing how this could work. China is now in no way red, they're just as capitalist as, say, France.

[D_Bokk]

Not a bad idea, if the host was Socialist. Not only would it give the foreign employees a taste of Socialism, but it will also be able to beat out other Capitalist companies in the same market because there's no need for profit, hence lower priced products. I'm sure the Capitalist countries wouldn't allow this to occur though, the only reason the US is buddy buddy with China is because China isn't Socialist.

[wet blanket]

Wouldn't it just be dandy if things worked out like that?

China is a fascist state and is NOT interested in giving labor control of anything. Though you've got to hand it to the economic planners over there... they sure know how to beat the US at its own game.

[Hegemonicretribution]

I see the point you were trying to make, sounds quite like large scale Owenism to me.

[rise_up]

would be good if they bought whole U.s companies and changed them.but that'll never happen....................WILL IT?

[Enragé]

Originally posted by [email protected] 30 2005, 01:53 AM
Nah, you're not seeing where I'm coming from. If a communist country bought a capitalist company, they could give the workers better pay and condition for little or no profit. If anything it would hurt the host country more than the buyer.



communism isnt about better pay and better working conditions. Its about the working class having the control over the means of production and what they produce.


and about the war between the 2 powers:
who do you think will fight the war?
the common people
who do you think will die, suffer?
the common people
who will reap the benefits?
the bourgeoisie

[novemba]

I'm sure the Capitalist countries wouldn't allow this to occur though

I dunno, money is the name of their game. And if you really think that wouldn't be possible in an openly socialist country, then you could trick the host country...for example "we're changing our ways and we're looking to establish a better part in the world economy". I'm not necessarily refering to China, it's just who I heard was doing it, what if Cuba bought McDonalds, freed the workers, and then drove the company into bankrupcy? That would hurt the US economy a bit...but the only problems is that youre not really freeing the workers youre leaving them with out jobs and youre left without popular support....hmmmmmmmmmmm...any thoughts?

[Phalanx]

Although this delights me to think of it, I don't think we should underestimate our enemies. They are stupid, yes, but not that stupid.

[novemba]

So you do it with an ally. What right do they have to pass up money?...heh heh...

No, see what you do is take a seregate billionare and make him buy enough stocks to control the board, and then you replace the board, and everything is straight.

[TC]

Originally posted by [email protected] 30 2005, 01:34 AM
I heard on NPR that China was buying whole US companies.

That got me to thinking if a "communist" country where to buy out all the companies in a capitalist country, what would happen? Could that hasten the world wide revolution...?
The company that you're refering to, CNOOC limted, is not a mainland chinese public industry, its a Hong Kong private sector company. Under the agreement that China was able to take possession of Hong Kong from the British they cannot impose socialism on the island until 2047 so its still an entirely capitalist economy.

Mainland China though is a mixed economy that has major industries and a majority of its economy and all of its agriculture and utilities under collective ownership in a socialist fashion but also allows foriegn direct investment, thats to say foriegn corporations investing capital to build factories in China staffed with Chinese workers in a capitalist fashion. The 'strategy' is to build socialism by supplementing Chinese socialist economies with western capitailst economies, so that China takes the money it makes off of foriegn direct investment and uses it to build its own collective property...theoretically 'sociailsm with chinese characteristics' is a method of building socialism by socializing bits of an emerging capitalist economy gradually, instead of doing it all at once in a traditional method, because the thought is that the Chinese economy isn't big enough to begin with given the population size to simply have a strict socialist economy, the cost for industrializing the interior would be prohibitively expensive. This method also gives China a great deal of stratigic leverage over the United States by simultaniously undercuting American manufacturing and currency(the details are complicated i think i've written about it in another thread), which is the reason that the US is resisting the CNOOC bid to takeover Unocal, that it would give China more stratigic leverage to coerce the US.