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A comment on Baoshang collapse threatens China's economy, may trigger central bank response. Parent comment

Re:Baoshang collapse threatens China's economy, may trigger ... by anoncake on Sunday June 30, 2019 @03:49PM (#20320108)
> * Properly speaking, it is not a capitalist system, as there is a lot of investment, including by state-owned enterprises, that seems uneconomic (extreme example: ghost cities).

The definition of capitalism doesn't require that the capitalists are competent.

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Re:Baoshang collapse threatens China's economy, may trigger ... by cs702 on Sunday June 30, 2019 @08:20PM (#20321480)
Agree.

What I meant to write but didn't was "not profit-seeking."

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Re:Baoshang collapse threatens China's economy, may trigger ... by anoncake on Tuesday July 02, 2019 @07:55AM (#20334129)
That is not distinguishable from "bad at profit-seeking".
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