The US absolutely does credit score, without it you can’t take a loan to buy a car or a house and many other things. It is weird that you don’t know this…
China is developing socialism, they are in the primary stage of socialism. Developing socialism is a long-term arduous process, it is not a state of mind. I recommend you reading the Governance of china by Xi Jingping, the general secretary of the CPC, it is a collection of essays and speeches by Xi with a very rich reference section, where a lot of concepts are clearly explained.
China’s economy did not get to this point by exploiting global south countries like Europe/US did, they did it by developing their own productive forces, especially after the ‘Reform and opening-up’, accepting foreign investment to learn from it and modernize the country. They did not let foreign investment run rampant, they had strict conditions that foreign investors had to follow. This is why they are constantly called authoritarian, because they did not let foreign investors run rampart.
Living, and thus working, conditions in China were terrible (and are in many places still) precisely because they were a backwards country that endured decades off exploitation by other countries. But the conditions of the people of china have been getting better and better exponentially since the opening up reform, this is simply a material reality not ‘ccp propaganda’.
Sweden is not ‘true socialism’, it is a late-stage capitalist country; an imperialist country, a country where finance capital rules. Their wealth comes from the exploitation of the global south mainly through the finance system (predatory loans to global south countries, extracting rent forever and ever), like all other european countries.
The US absolutely does credit score, without it you can’t take a loan to buy a car or a house and many other things. It is weird that you don’t know this…
China is developing socialism, they are in the primary stage of socialism. Developing socialism is a long-term arduous process, it is not a state of mind. I recommend you reading the Governance of china by Xi Jingping, the general secretary of the CPC, it is a collection of essays and speeches by Xi with a very rich reference section, where a lot of concepts are clearly explained.
China’s economy did not get to this point by exploiting global south countries like Europe/US did, they did it by developing their own productive forces, especially after the ‘Reform and opening-up’, accepting foreign investment to learn from it and modernize the country. They did not let foreign investment run rampant, they had strict conditions that foreign investors had to follow. This is why they are constantly called authoritarian, because they did not let foreign investors run rampart.
Living, and thus working, conditions in China were terrible (and are in many places still) precisely because they were a backwards country that endured decades off exploitation by other countries. But the conditions of the people of china have been getting better and better exponentially since the opening up reform, this is simply a material reality not ‘ccp propaganda’.
Sweden is not ‘true socialism’, it is a late-stage capitalist country; an imperialist country, a country where finance capital rules. Their wealth comes from the exploitation of the global south mainly through the finance system (predatory loans to global south countries, extracting rent forever and ever), like all other european countries.