The imperial core countries affords those—notably deteriorating—social programs through the exploitation of the periphery countries, programs which the core does not allow the periphery to have. The global north working class paid for those concessions with our blood & sweat, though no one seems to remember, thanks to two red scares and a cold war. The purpose of FDR’s New Deal was to save capitalism from socialist threats, and the capitalists have spent the last fifty years chipping away at their New Deal concessions. Europe had its own, even stronger socialist movements, and their capitalists similarly ceded ground temporarily.
I am familiar with them. Those were planned communities that were photographed after construction but before being populated. Perhaps there were some duds, I couldn’t say: researching every bit of US propaganda gish gallop isn’t my day job.
China intentionally popped its housing bubble recently, and that’s why some capitalist real estate developers are going bankrupt, and China isn’t trying to save them because they’re capitalists.