this post was submitted on 31 Jan 2025
140 points (77.3% liked)

Memes

46393 readers
2045 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] SlayGuevara@lemmygrad.ml 26 points 9 hours ago (1 children)

Lemmygrad admin here. I normally don't look at reports from other instances but for this I had to make an exception. Probably the dumbest shit I have read so far lmao.

[–] Cowbee@lemmy.ml 11 points 8 hours ago (1 children)

What did the report say? Lmao

[–] davel@lemmy.ml 8 points 7 hours ago

Reason: "state capitalist"

Hence my reply:

Because the Chinese state has fiat monetary sovereignty, it doesn’t function in the capitalist mode. It has no need to make a profit because it has infinite money[1]. It doesn’t need to extract surplus value from workers to satisfy investors, and it doesn’t even need to break even. The logic of capitalism doesn’t apply.

Ultras fear the scroll.