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by newswasboring
1534 days ago
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> Capitalism is the best system ever invented to get money into the hands of people. I would like some citation for this one. Pretty large claim. For example China brought out 2/3rds of their population from poverty to middle class, pretty large number. Now there can be a debate on whether Chinese system is communism or not, but it definitely is not capitalism the way people in US like to define it. |
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Yes... Thanks to capitalism. Communismn killed tens of millions in China when they attempted to reconstruct the country from an agrarian economy into a communist society through the formation of people's communes.
>Now there can be a debate on whether Chinese system is communism or not,
There is no debate. There are billionaire capitalists in China.
>but it definitely is not capitalism the way people in US like to define it.
It is 100% the way people in the US define capitalism. Sure it has it's Chinese spin, but it is undoubtedly capitalism.