Members of Kibbutz Hanita near Israel’s northern border are demanding $11 million from Ballet Vision, the Chinese fund that controls 80% of the Hanita Lenses plant, accusing it of refusing to exercise an option to purchase the kibbutz’s remaining shares, according to a lawsuit filed in Tel Aviv District Court.
In a response letter attached to the lawsuit, the Chinese fund said that since the outbreak of the war in Israel, Beijing has classified Israel as a “high-risk area” and imposed a ban on any new Chinese investments in the country, making it impossible to carry out the option.
According to the lawsuit, in 2021 the kibbutz sold 74% of Hanita Lenses, which manufactures intraocular lenses for medical use, to Ballet Vision for $35 million. Of that sum, $25 million was paid to kibbutz members, with an additional $10 million injected into the company.
The PRC is socialist, public ownership is the principle aspect of the economy and the working classes control the state.
appreciated the thread below.
No problem! Feel free to ask any questions you might have, if I can help I will!
That’s cool, too bad they are apparently as morally bankrupt as the USA leadership otherwise they would advocate for the utter destruction of israel and the public execution of any Chinese citizen who had ever invested a single Yuan into genocide.
The PRC currently absolutely prioritizes Palestinian statehood, and has directly helped the resistance as well. They do not sell arms to Israel, or tools like drones that could be weaponized. I agree that investing into Israel is morally bankrupt, but it’s important to see that there’s a massive difference between the US Empire, actively funding and supplying genocide, and the PRC, which is non-interventionist and imperfect in their support of Palestine.
The PRC is not helping the US and Israel disarm the resistance. China has affirmed that Palestinians must control Palestine in their own state, and served as a vital mediator for the 2024 Beijing Declaration, where Fatah and Hamas were brought closer together and the resistance as a whole in Palestine came together to collaborate more closely, alongside China. In the 2024 Beijing Declaration, which China was a core mediator for, it was declared that the resistance must not be disarmed.
China has consistently only ever veto’d at the security council if it is willing to intervene millitarily in order to protect the veto’d outcome. The PRC has veto’d sanctions on the DPRK, and has enforced that veto by increasing trade with the DPRK. The US Empire has never been stopped by a veto, such as when it was determined to stop shipping arms to Haiti, which the US subverted. China vetoing the UNSC declaration on Palestine would mean mobilizing its army to directly prevent the US’s plans for the region.
If we look at how resistance orgs responded, they aren’t blaming China. Instead, they have similar analysis to China, that is that the plan itself is unworkable and that they cannot implement it in the first place. China also adhered its best to both the PLO, who endorsed TRUST, and Hamas, the PFLP, etc that oppose TRUST.
Personally, I would rather China take a more millitant anti-imperialist stance than their current passive stance. There’s good reason to believe this will be the case in the future, as younger generations in China are more millitant and more overwhelmingly pro-Palestine. However, I don’t confuse imperfect allies for enemies, which is the western-leftist mistake you’ve fallen for. You did the same with Hexbear, calling them “transzionist” and claiming they ban critique of contrapoints because she’s trans. The reality is that Hexbear is anti-zionist and pro-trans, and regularly clowns on contrapoints for her awful liberalism.
China is contributing to a multi-polar world, which undermines Israel and supports Palestine. China’s position in the global stage facilitates south-south trade, which bypasses unequal exchange, where the global north maintains monopolies on high tech industries so as to consistently charge monopoly prices in exchange with the global south. China charges non-monopoly prices, and this is why exchange with China, alongside the rise of the Belt and Road Initiative, has resulted in dramatic development in African and Latin American countries. This is ultimately the single greatest contributor to the downfall of imperialism globally, and is why right now there is such a large cold war with China.
Your confusion of imperfect allies with enemies is why the western left has continued to fail to meaningfully challenge the status quo. Jones Manoel was correct in Western Marxism Loves Purity and Martyrdom, But Not Real Revolution. Western leftists do the work of the US Empire by making the same mistakes you’ve been making with respect to China, thereby sabotaging allies and making the efforts of the ones actually arming, facilitating, and committing the genocide easier.
TL;DR join an org. Having a practical outlet to test theory to practice, and directly organize against arming and supporting Israel, is a much better use of your time. It will also help you form a more correct understanding of anti-imperialist struggle.
A lot of what you say is reasonable discourse that can be seen as defending a political ideology that you fell strongly contributes to a better world. There’s nothing wrong with that and I commend you.
But then you say this
and you collapse into the “I’m about to start smashing skulls in the name of my ideology, and I’ll do so until I’ve inadvertently built an empire”.
So you and your ideological bedmates have decided that you have the moral clarity to decide who gets attacked in the name of anti-imperialism. The world has certainly never heard that angle before, I’m sure you’ll be the first.
Yes fighting on the side of the exploited against their exploiter is morally just in all instances. It’s easy for you to talk shit from your cushy position in the imperial core. I hope you reflect in the future on the immense privilege you have thanks to the mass immiseration of the global south and do better.
Wait… wait, are you implying that the working class controls the state in PRC?
Not implying, stating. In China, they have direct elections for local representatives, which elect further “rungs,” laddering to the top. The top then has mass polling and opinion gathering. This combination of top-down and bottom-up democracy ensures effective results. For more on this, see Professor Roland Boer’s Socialism in Power: On the History and Theory of Socialist Governance. The government itself has no capitalists in the top positions either:
This system has achieved fantastic metrics, such as over 90% of the citizenry supporting the government. This also shows why perceptions around democracy are so much higher in China than the west:
So yes, the working classes do control the state in China.
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Oh, really? When did we start doing that?
Whenever they started People’s Choice Awards
We briefly experimented with the idea during Reconstruction and then quickly got rid of it.
The US isn’t democratic, the state is run by capitalists and the two major parties are subservient to capital. You can even see the effects of this with how low approval rates are for the government, and much lower perceptions of democracy. The reason the working classes in China can maintain such strong control over the state is because public ownership is the principle aspect of the economy, and the working class party overthrew the nationalists back in 1949. What part of what I said is “peddling bullshit?”
Oh shit I didn’t realize this was Cowbee!
Cool?
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I don’t think I could be considered “internet famous,” especially considering Lemmy is itself extremely niche. I’m also not comparable to a dead fascist. I am a communist, sure, but there’s more to my life than organizing in real life and doing what I do on Lemmy.
Is it a habit of yours to ask a question, then jump to insults when you get an answer you don’t know how to respond to?
If it’s obvious you should be able to refute it. But all I see is you plugging your ears and being a snide child. Go on, address the overwhelming satisfaction of the Chinese public with their government. I would bet any amount of money you come up with some variation of “those lying Chinese are just lying”.