US EditionWhy China is Beating The Pants Off Mordor: Let Us Count the Ways
Summary by Socialist Planning Beyond Capitalism
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Why China is Beating The Pants Off Mordor: Let Us Count the Ways
This article begins by contrasting what people in Mordor say about their country compared to what the Chinese people say about China. It then switches to the actual reasons the Chinese domestic and geopolitical practices tower over Mordor. What we find especially interesting is the haywire way finance capital is off the charts in Mordor. Most especially the fact that profits are made on buy-backs. In China profits are based on investment in ind…
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