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by mrexcess
43 days ago
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China does not have “shareholders”, though. There are incredibly substantive differences between the accountability structures and expectations of shareholders, and those that govern broad based and diverse national geopolitical interests in China. China’s government is likewise not accountable to or easily fit into the framework of “a market”, for reasons not the least of which include it being explicitly anti-capitalist. Wealth hoarding does not accumulate political power in China, and those who attempt this play can and regularly do find themselves put back in their place - possibly a prison or a crematorium. As for re-education “camps”, the US imprisons approximately 10% of its population - a huge number by any standards historical or contemporary - and virtually none of these are billionaires or governing elites, who are functionally immune to the systems of authority that “rehabilitate” regular Americans. |
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