|
In America, politicians are controlled by billionaires. This comes at the cost of national interest, given that winner-takes-all systems are gini coefficient maximizers. In China, politicians control billionaires. At least in theory, especially given how much the Chinese political establishment is attuned to the needs of the Chinese commoner, this does protect the national interest. |
https://www.nytimes.com/2018/03/01/business/china-parliament...
There is no altruistic motivation to better the lot of the common person. The only motivation is to maintain control.