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Re:The top 10% owns 87% of the stocks by peppers-ghost on Monday March 03, 2025 @05:01AM (#43240187)
How's China's Marxist-Leninist society working out right now? Last I checked their economy was on pace to grow larger than the US.
Re:The top 10% owns 87% of the stocks by martindbp on Monday March 03, 2025 @05:27AM (#43240350)
You think China's economy runs on Marxist-Leninist ideas? It's capitalism with authoritarian characteristics.
Re:The top 10% owns 87% of the stocks by peppers-ghost on Monday March 03, 2025 @05:57AM (#43240533)
China's economy is more state owned than not. The private market is strictly controlled with socialist ideology. The difference between Chinese markets and liberal markets is that the state there controls the capitalists, in the US the capitalists control the state.
Re:The top 10% owns 87% of the stocks by martindbp on Tuesday March 04, 2025 @02:29AM (#43251450)
Xi has been moving in that direction yes, but generally that has not been true. Also, it sounds like you greatly sympathize with Chinese authoritarianism, maybe you need to do a reality check. You can always go live in China if prefer that. I've been many times, for months at a time, since I have in-laws there. Lately I would describe it as a high-tech North Korea.
Re:The top 10% owns 87% of the stocks by peppers-ghost on Tuesday March 04, 2025 @04:20AM (#43252335)
I honestly would prefer moving there but it's pretty hard to attain citizenship. I believe the US is going to collapse and potentially balkanize in the coming years and don't want to witness it firsthand.
Re:The top 10% owns 87% of the stocks by ben_w on Monday March 03, 2025 @05:41AM (#43240450)
To someone who thinks "Laborer coordination and workforce strikes." are "very Marxist", China is indeed Marxist.

I know you're not the person who responded with that conflation, but if you were, to ask if Lenin would agree with that assessment is a motte-and-bailey fallacy.

Re:The top 10% owns 87% of the stocks by cykros on Thursday March 06, 2025 @06:05AM (#43278744)
With only 4x the population too! And even that's looking dubious, despite the American economy being all but in a state of cardiac arrest.