this post was submitted on 20 Mar 2023
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[–] gravitas_deficiency@sh.itjust.works 3 points 2 years ago (1 children)

Ah yes, the lemmy.ml instance and tankie shit: name a more iconic duo

[–] goat@sh.itjust.works 0 points 2 years ago (1 children)
[–] yogthos@lemmy.ml -3 points 2 years ago (1 children)

Reddit losers seething here will never stop being hilarious.

[–] goat@sh.itjust.works -1 points 2 years ago (1 children)

The irony of a tankie calling others losers

[–] yogthos@lemmy.ml -1 points 2 years ago

the irony of a grown ass adult using tankie as an insult 😂

[–] pingveno@lemmy.ml 0 points 2 years ago (1 children)

What is that 3% supposed to represent? From some brief poking around, Sweden's public sector GDP is around 25% of total GDP, while China's is around 16%. I know it's a little bit of an apples-to-oranges comparison because the economies are structured differently, but this graph needs a lot more explanation.

[–] yogthos@lemmy.ml -2 points 2 years ago (1 children)

Not sure where you "poked around", but here's what wikipedia has to say:

State-owned enterprises accounted for over 60% of China's market capitalization in 2019 and generated 40% of China's GDP of US$15.98 trillion dollars (101.36 trillion yuan) in 2020

Furthermore, much of the private sector in China consists of cooperative ownership. For example, 15.5% of framers worked in cooperatives in 2014. Some of the biggest companies, like Huawei are also cooperatively owned.

Socialism means worker ownership of the enterprise, this includes both state owned and cooperatively owned enterprise. That's what what half of China's GDP looks like.

[–] pingveno@lemmy.ml 0 points 2 years ago (1 children)

Sure, China wasn't the oddity. I'm more raising an eyebrow at Sweden's figures.

[–] yogthos@lemmy.ml -1 points 2 years ago (1 children)

Your comment literally states that Sweden has higher public sector GDP than China.

[–] pingveno@lemmy.ml 0 points 2 years ago (1 children)

Hmmm, yeah. So I'm trying to figure out how exactly that gets calculated. The figure came from World Bank figures, which appear to not include state owned enterprises. That's because there's no one measurement of what "government GDP" is. That's where this becomes an apples-to-oranges comparison. Sweden's economy is just different in structure. But I still maintain that 3% is way too low for Sweden.

[–] yogthos@lemmy.ml -1 points 2 years ago

3% might be too low for Sweden, but it is pretty clear that vast majority of Swedish core economy is privately owned. So even if the joke is overstating private ownership, the gist of it is entirely on point.

[–] goat@sh.itjust.works -1 points 2 years ago* (last edited 2 years ago) (1 children)
[–] yogthos@lemmy.ml -1 points 2 years ago (2 children)
[–] goat@sh.itjust.works 0 points 2 years ago

I haven't been on reddit in years, my dude, I got banned :V

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