All modern states are mafia states. The distinction between organized crime and elected government disappeared long ago. But, yeah, China seems to be more extreme than most other places.
Actually, China has seen similar levels of corruption dozens of times throughout its history, generally near the end of a dynasty. The corruption, of course, is a main reason a dynasty would fall.
The big difference is that the Chinese economy is many orders of magnitude bigger than ever before, so there’s a much larger base from which to steal. But the level of corruption is probably lower than in some previous eras, or the system would have collapsed already. To give just one example, during WWII some of the Nationalist generals were so corrupt entire divisions starved because they stole the money for their food.
The group traditionally most prone to such extreme corruption was the eunuchs of the imperial court, who of course could not have children to take care of them in their old age. I wonder if this correlates to the one grandchild theory of the author in some way.
chicom bump for later.....
becoming more like the US every day
“China is a kleptocracy of a scale never seen before in human history.”
I think that fiat money when coupled with a tax on incomes that includes gains in asset prices solely due to inflation caused by fiat money is still the grandest scheme of theft in all human history.
Communism/Socialism is GREAT for those in charge.
Not so much for the poor prols that have to pay for it.
Submission, gayness... the kelptocracy is a gang blood oath code of of acceptance of the system of who is in charge etc...
You let them fraud you and that means you submit to the abuse and the code and plan of enslaving the world.
Thanks for the article!
It's Always Something. (IAS)
China is a kleptocracy of a scale never seen before in human history.
I think the American people will be shocked to find
out how much this current administration has plundered.
I can only hope it happens soon.
The guy hasn’t seen “The Last Emperor”. At least the Chinese are being taken by their own now.