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In this episode in our reading series, Robbie reads a piece written by Indrajit Samarajiva titled "How Communism Is Outcompeting Capitalism." Why is the entire techno-capitalist class, along with their loyal handmaidens in the media, freaking out about DeepSeek—a Chinese AI company's an open-source large language model? Why are electric vehicles (EVs) so much cheaper, efficient, and better in China? Why is the United States ramping up anti-China hysteria in this country? And why are living standards and life expectancy in China overtaking those in the United States?
The answer is simple: socialism is better than capitalism. On every single front. And in this reading series, Robbie reads and reflects on Indrajit Samarajiva's piece as it provides a brief history of the rise of communism in China, the period of Deng Xiaoping's market reforms, and the superiority of socialist economies over capitalist ones.
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