this post was submitted on 11 May 2026
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[–] Cowbee@lemmy.ml 21 points 1 month ago (1 children)

The PRC is already in the process of eliminating the commodity form, requirements for doing so include breaking the international system of imperialism, and the establishment of socialism in countries China does trade with. Imperialism still exists, the periphery is breaking free from the domination of the core, but this does not happen overnight. The countries China trades with are largely not socialist either. Much of China itself is underdeveloped, and if the PRC is not indisputably ahead of the rest of the world then this will be turned against it if it makes any larher movements.

In other words, China cannot end the commodity form at the present moment, but that does not mean it is not working at the present moment on fulfilling the requirements to do so.

[–] backalleycoyote@lemmy.today 4 points 1 month ago (1 children)

What are the milestones you’re looking for as it does so? What do you expect to see as that economy becomes the dominant force behind global trade?

[–] Cowbee@lemmy.ml 20 points 1 month ago (1 children)

De-dollarization, expansion of the Belt and Road Initiative, a transition from fossil-fuels to renewables, energy independence not just in China but in the periphery, revolution in the imperial core, a decrease in marketization and an increase in public ownership by ratio of the economy, etc. All of these are important milestones, but they do not happen overnight.

[–] backalleycoyote@lemmy.today 1 points 1 month ago (1 children)

Are they in the process of occcuring?

[–] Cowbee@lemmy.ml 17 points 1 month ago (1 children)
[–] backalleycoyote@lemmy.today -2 points 1 month ago (1 children)

“Sure.” is a cop-out. It’s either a “yes”, a “no”, or at least discussion of what is succeeding versus where progress that has potential to occur is being over-cautiously avoided or ignored.

[–] Cowbee@lemmy.ml 21 points 1 month ago (1 children)

"Sure" means "yes," but casually.