If we continue to see the private sector as our savior from climate catastrophe, we'll continue to fail.

And the IEA, for its part, expects China to continue to be the sole meaningful over-achiever. It recently revised upwards by 728 GW its forecast for total global renewables capacity additions in the period 2023–27. China’s share of this upward revision? Almost 90 percent. While China surges ahead, the rest of the world remains stuck.

    • P1r4nha@feddit.de
      0·
      8 months ago

      Enlighten me then. Means of production doesn’t seem to be controled by the party alone. Most of China’s economy still follows capitalist principles. Rich Chinese and owners of businesses are still private citizens. Sure, some influenced by the government, some industries very heavily regulated, but China still follows capitalist principles in most cases.

      I always thought Socialism means that means of production is controlled by labor directly, not capital owners or an elists single-party government.