Saturday, September 5, 2020

In the news, Saturday, August 22, 2020

 

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AUG 21      INDEX      AUG 23
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from Asia Times
LEAST BIASED, HIGH;  News & Media Website based in Hong Kong

Socialist or capitalist: What is China’s model, exactly?
The hallmark of capitalism, what distinguished it from feudalism (lord/serf) and slavery (master/slave), was the employer/employee relationship structuring its enterprises. In Stalin’s USSR and since, the employer/employee relationship became, instead, a necessary, unquestioned presumption common to any and all “modern” economies, capitalist and socialist alike (rather like machinery or raw materials). That Stalinist view of the universality of the employer/employee relationship was also the view of all major strains of economic thought in the capitalist world outside the USSR. China’s Communist Party largely replicated the USSR’s history in terms of constructing a state capitalism overseen by the party and the government it controls. One key difference from the USSR has been China’s ability to engage with the world market in ways and to degrees the USSR never could. China also allowed a far larger component of private enterprises, foreign and domestic, alongside state-owned and -operated enterprises than the USSR did. Yet China today, like the USSR a century ago, faces the same transition problem: Transition to a post-capitalist society has been stalled.

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from DW News (Deutsche Welle)
Broadcasting & Media Production Company in Bonn, Germany

A German NGO has sent an air-ambulance with a coma-specialist team to pick up Russian opposition politician Alexei Navalny. But Russian doctors say he is too ill to move.

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from New York Post
RIGHT-CENTER BIAS, MIXED,  Newspaper in New York

Scientists recently spotted an asteroid on a direct collision course to Earth — projected to hit a day before the presidential elections in November. The flying space object, known as 2018VP1, is expected on Nov. 2, according to the Center for Near Objects Studies at NASA’s Jet Propulsion Laboratory. The asteroid is 6.5 feet in diameter, according to NASA data, and first identified at the Palomar Observatory in California two years ago.

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from The Spokesman-Review
Newspaper in Spokane, Washington

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