David Cameron resigns

[zyzygy]

Actually, it is very interesting to watch France right now. What you are seeing is social democracy foundering. This is at the center of the unrest in the streets. The Socialists see that the country is falling behind at an accelerating pace and that they must trash most of the social programs to salvage the seat at the front table.

And the USA is a paradise.

 

[tres borrachos]

Translation: "Well, Great Britain, you created this ship wreck. Find someone else to steer it."

Yup. I hear he's meeting with Queen Bess as we speak, as apparently there's some sort of ceremony required for a PM to resign. But he's right. The people created what is about to be likely a mess, and he has no interest in participating in it. Nor is he under any obligation to be a party to it.

 

[Blue_State]

And the USA is a paradise.

When I look outside my window at the rest of the world...yes it is.

 

[joG]

And the USA is a paradise.

That depends. The bottom 5 percent have only about the same PPP buying power as the bottom Germans. But that is not much.

 

[Hatuey]

The thing about a monarchy is they can force you to stay. Would England willing drown itself to avoid violence? The answer seems an obvious no but it's clear that nationalism is in the majority these days and I wouldn't rule anything out.

The UK is a monarchy in the same way that China is a socialist country. Paper only.

 

[ocean515]

And the USA is a paradise.

Given the number of people trying to get here, it must be.

 

[Gaztopian]

It's refreshing to see a national leader that listens to the will of the people.

He could've listened to the will of the people and remained PM; this wasn't a vote of confidence. What his resignation does signify is his unwillingness to handle a political and economic crisis that's the doing of an obstinate camp against which he ardently rallied. Let the people and Nigel Farage deal with it.

 

[TheGoverness]

Good riddance.

Yeah, I'm not upset in the slightest about Cameron's resignation.

 

[joG]

Exactly. Cameron is going to come out of this smelling like a rose.

He is actually leaving his successor a loaded gun that the UK did not have before. Cameron said, he will leave triggering Article 50 to a new leader, which won't be before October. Johnson said that more time might be taken before invoking Art 50. Interestingly Merkel also cautioned against haste and asked all to be calm and take their time. There have been a number of front line politicians from around the EU on this morning indicating that the Lisbon Treaty needs to be reworked in any event and that that might be a good way to let the UK do another referendum on a substantially othe r contract. This does not mean that Schäuble and Junker, Schultz and Brock have not said there can be no negotiation. But it is a less than united front so far in the EU.

 

[countryboy]

The UK is a monarchy in the same way that China is a socialist country. Paper only.

Really? Does the government own the means of production in China? Yes, or no?

 

[Red_Dave]

Here is a better translation of what he said.
Whaaaaaaaaa! I did not get my way so I am going to go off and stamp my feet.

I think its probably down to the fact that many in his own party were trying to get rid of him and that he wanted to be seen as leaving voluntarily (like Thatcher or Blair)

 

[brothern]

That took all of 5 minutes. Scotlands beginning it's leave... **** the English are morons.

 

[Hatuey]

Really? Does the government own the means of production in China? Yes, or no?

Lmao, China's government hasn't really owned 'the means of production' (it's cute when you use these terms) since Xiaoping. So no. It' all on paper only. China currently has a government which thinks itself communist, and an economy which is run by investors, tens of millions of small business owners, skyrocketing property prices, and very little regulation beyond 'Try not to kill anybody with whatever you're producing'.

 

[countryboy]

Lmao, China's government hasn't really owned 'the means of production' (it's cute when you use these terms) since Xiaoping. So no. It' all on paper only. China currently has a government which thinks itself communist, and an economy which is run by investors, tens of millions of small business owners, skyrocketing property prices, and very little regulation beyond 'Try not to kill anybody with whatever you're producing'.

You rarely know what you're talking about, this case is no exception.

Why do your Marxist terms offend you so much when I use them?

 

[fmw]

Cameron is a coward. He doesn't have what it takes to lead a country going back to its roots. He is taking his ball and going home. Good riddance.

 

[Hatuey]

You rarely know what you're talking about, this case is no exception.

Why do your Marxist terms offend you so much when I use them?

Lmao I'm not offended by anything you say. You're just displaying the colossal ignorance of the average rural DP denizen who has rarely left their country home. I don't fault you for it.

Today, there are millions of square miles of entirely privately built and privately owned apartment buildings, business offices, amusement parks, shopping centers, factories, dams, skyscrapers, schools, construction companies, mines etc. All of which produce wealth for the private parties that own them. These have all come about since Xiaoping's deliberate liberalization of the economy. Can you show us how the government 'owns' them all?

You really should stop before you seriously embarrass yourself.



Sent from a flower watered by the tears of Trump supporters and crazy newb liberals.

 

[countryboy]

Lmao I'm not offended by anything you say. You're just displaying the colossal ignorance of the average rural DP denizen who has rarely left their country home. I don't fault you for it.

I only moved to the country 18 years ago. Yet again, you have no idea what you're talking about. I'm sensing a pattern here.

 

[Hatuey]

I only moved to the country 18 years ago. Yet again, you have no idea what you're talking about. I'm sensing a pattern here.

Sigh, here we go with the personal story in order to try and avoid being embarrassed. I don't care when you moved. You are a rural DP denizen who has rarely left their country home. This is especially true if you get huffed and puffed about China being called a communist in paper only.

We get it. You cannot show how the Chinese government owns the means of production of the world's most populous country. You got bent out of shape and thought you could use a 'Marxist term' (this made me laugh pretty hard considering the means of production as a term was defined by Marx but has been used by every economist since regardless of their personal view) and impress the fine folks of DP.

Look, I will make it easier for you: Can you show us how the Chinese government owns 'the means of production' of the tens of millions of privately owned businesses in China?

If you can't, I understand.


Sent from a flower watered by the tears of Trump supporters and crazy newb liberals.

 

[Renae]

Cheap universal medical care, very few mass shootings, state pension, it is a real nightmare.

It's not cheap, but you keep telling yourself that lol!

 

[Renae]

The UK is a monarchy in the same way that China is a socialist country. Paper only.

Someone should go visit china... before speaking on the country again.

 

[Hatuey]

Someone should go visit china... before speaking on the country again.

I have. Going again next month to speak to a privately owned manufacturer of nylon products for a little business venture I have. Can you tell us which 'means of production' are owned by the Chinese government in the private companies which manufacture billions of goods every year? Don't worry. I can wait.


Sent from a flower watered by the tears of Trump supporters and crazy newb liberals.

 

[Gaztopian]

I have. Going again next month to speak to a privately owned manufacturer of nylon products for a little business venture I have. Can you tell us which 'means of production' are owned by the Chinese government in the private companies which manufacture billions of goods every year? Don't worry. I can wait.


Sent from a flower watered by the tears of Trump supporters and crazy newb liberals.

DP proved to me that many people are stuck in time warps.

 

[Renae]

Sigh, here we go with the personal story in order to try and avoid being embarrassed. I don't care when you moved. You are a rural DP denizen who has rarely left their country home. This is especially true if you get huffed and puffed about China being called a communist in paper only.

We get it. You cannot show how the Chinese government owns the means of production of the world's most populous country. You got bent out of shape and thought you could use a 'Marxist term' (this made me laugh pretty hard considering the means of production as a term was defined by Marx but has been used by every economist since regardless of their personal view) and impress the fine folks of DP.

Look, I will make it easier for you: Can you show us how the Chinese government owns 'the means of production' of the tens of millions of privately owned businesses in China?

If you can't, I understand.


Sent from a flower watered by the tears of Trump supporters and crazy newb liberals.

The Chinese Economy

A significant portion of the Chinese economy is still government-controlled, although the number of government programs has declined significantly. Universal health care, for example, is being discontinued. China's foreign policy continues to be pro-socialist, but it has essentially become a free-market economy. In essence, China no longer remains a “pure socialist economy."

Interestingly, the privately owned firms reportedly generate a substantial portion of GDP for China (figures vary from 33% to 70%, as reported by various news sources). After the U.S., China is the second-largest economy in the world, and the number-one largest manufacturing economy.

How has China managed to grow its economic influence?

Effectively, China pulled this off by transitioning from a “socialist economy” to a “socialist market economy.” The communist regime in China quickly realized that it would be to its disadvantage to keep China's economy secluded from the rest of the world. It has been able to successfully strike a balance between the “collective” and “capitalist” approach. Policies allow entrepreneurs and investors to take profits, but within the controls of the state. Around 2004, the government began to allow a person’s right to private property. Establishing a special economic zone and opening up to international trade have allowed the country to embark on fast-paced economic growth – all courtesy to the right changes to the socialist policies at the required time.



Read more: Socialist Economies: How China, Cuba And North Korea Work | Investopedia Socialist Economies: How China, Cuba And North Korea Work | Investopedia
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China's 12 biggest companies are all government-owned - Fortune

Obstacles to reform

The key obstacle to SOE reform will be overcoming “pushback” from entrenched interests at local, provincial and national government levels. Overcoming this obstacle is made particularly difficult because of the emphasis on leadership of, and control by, the Chinese Communist Party.

Reforming the Party, particularly to reduce corruption, is also an important part of the Five-Year Plan, but loosening the Party’s grip on control is nowhere in sight. The extent to which the politics of the 13th Five Year Plan remain compatible with its economic reform goals therefore remains to be seen.

China's grip still tight on state-owned enterprises


Oh granted China has embraced utilizing capatialist markets and economic tools to greatly enhance their economy, don't think for a moment the grip of the communist party is lessening. It's not. Much of China's economic success is built on a pack of lies. The great Chinese margin call as it were, is coming. When it does, the bubble will pop and you'll see. Until then, of course, please keep telling yourself China isn't a Socialist/Communist country anymore.

 

[Renae]

I have. Going again next month to speak to a privately owned manufacturer of nylon products for a little business venture I have. Can you tell us which 'means of production' are owned by the Chinese government in the private companies which manufacture billions of goods every year? Don't worry. I can wait.


Sent from a flower watered by the tears of Trump supporters and crazy newb liberals.

I call utter bull****. Just saying.

 

[Crovax]

LOL Britain's monarchy is pretty much ceremonial now, this isnt the Dark Ages.

Only because the monarchy has allowed themselves to be ceremonial, if the county was at stake desperate measures could be taken.