PRC Capitalizes on Capitalism
In a positive sign coming out of China, we see that there is some sign that capitalism is taking hold in this socialist paradise. Statistics have shown that the wealthiest Chinese just keep getting wealthier, with overall 100 wealthiest having $400 million, soaring 38 per cent over last year.
Just thinking back to a little more then twenty years ago, when the wealthy were being cannibalized in China following one of their seeming yearly Cultural Revolutions, it is good to see that some aspects of capitalism have seeped through the Great Wall.
Of course with anything positive coming out of China there are always negatives. In this case is that all the wealthy Chinese on this list are all highly placed members of the Chinese Communist Party and most of them are either current or former generals of the PLA.
Just thinking back to a little more then twenty years ago, when the wealthy were being cannibalized in China following one of their seeming yearly Cultural Revolutions, it is good to see that some aspects of capitalism have seeped through the Great Wall.
Of course with anything positive coming out of China there are always negatives. In this case is that all the wealthy Chinese on this list are all highly placed members of the Chinese Communist Party and most of them are either current or former generals of the PLA.
posted by Aleksandr at 8:50 PM
1 Comments:
Of course the wealthy in China are getting rich. In almost any communist society (all except one I know of) all peoples will be equal, but some will be more equal than others.
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