this post was submitted on 14 Dec 2024
335 points (69.5% liked)
Memes
45887 readers
1178 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The "social credit system" was made to hold financial and privately-run institutions to account, and prevent companies and organizations from committing fraud and polluting the environment. Even US capitalist mouthpieces like foreign policy agree with this.
These are basic things the US used to do in the 1950s, but now stopped any pretense of doing. Any regulation against business is considered "authoritarian" now.
Meanwhile in the US, having a bad credit score can prevent you from buying a car, house, or even renting an apartment.
China uses these scores to hold financial institutions to account, while the US uses scores to prevent ordinary citizens from getting housing. One country is a dictatorship of the proletariat, the other a dictatorship of capital.