this post was submitted on 30 Aug 2023
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chapotraphouse
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It’s worth noting that in China the poorest have seen incredible increases in their standard of living and extreme poverty has been essentially eliminated during the same time period. So its entirely incomparable to say, the United Kingdom or United States where life is getting worse for poor people while the rich get richer.
That said, yeah, income inequality is a contradiction that comes with using capitalism, even a controlled form of it, to develop the means of production. It’s a contradiction that the Communists running China are aware needs to be managed as evidence by plans to address it in upcoming 5 years plans, whereas the focus of previous 5-year plans has been about growing the means of production and eliminating the worst poverty and food insecurity, goals which were met or exceeded.