Posted on 10/25/2017 7:57:20 AM PDT by SeekAndFind
Hey, I got an idea. Let’s send our Snowflakes to Beijing so they can conduct an Occupy Tianenman Square protest.
He doesn’t expect Chinese families to “share the wealth”. I’m sure he understands the Chinese businessman.
1% hold a third of the country’s wealth and that is a major problem when you are a Communist Government.
Just like in the USA - the top 1% control 34% of the wealth .... only here, the botton 60% of the population controls 4.2% of the wealth and gets PAID to stay comfortable at the bottom ....
Anyone want to see uneven distribution of wealth up close and personal, look into Brazil. Specifically, type the word favelas into YouTube and watch the first few things that come up.
BTW, Chinese cities have child beggers. They're almost everywhere. Walk around for more than five minutes and you'll encounter them.
This is almost as lopsided as the United States. Where is the protest against the “1%” in China?
Wealth CAN be accumulated in a Communist society. But then, China is not an example of “pure” Communism, either.
Cuba and North Korea are much more representative, as is Venezuela.
For example...taking the train from Guangzhou (the metro region has 44 million people) to Hong Kong when you're about 10 minutes south of that glass and steel city you're back in the 15th Century.China's economy is a mile wide and an inch deep.
But Xi knows that Beijing has not repealed the basic economic theory: There are too many people chasing too few opportunities, with 1 percent of China’s population holding a third of the country’s wealth, by the government’s own estimates. And with an aging population, whose problems are exacerbated by decades of the one-child policy, the country has too few entrants into the labor market to keep wages low.
Too many people chasing too few opportunities (claimed)
and
Too few entrants into the economy because of the one child policy.
Seems mutually exclusive to me.
“..basic economic theory: There are too many people chasing too few opportunities...”
That is basic Marxist theory, isn’t it?
I suspect the guy walking behind a water buffalo with a plow every day will be walking behind the same water buffalo and eating the same rice and vegetables a week after the international market crash finally arrives.
Things could get dicey for the fu er dai trying to drive their Lamborghinis safely out of Chinese cities though middle class neighborhoods, though. :)
Also BTW, did you know that Brazil imported 11 times as many slaves as America did? (4.9 million vs 0.305 million, source Wikipedia).
Yes, and the conditions of slavery in Brazil were so bad that far fewer slaves produced offspring.
In Brazil, it was cheaper to work slaves to death, then buy replacements, than it was to allow the slaves to procreate.
In the U.S., slaves were encouraged to be Christian, to marry, to have children.
Yes, there were lots of exceptions, but marriage and children for slaves were the norm.
http://spartacus-educational.com/USASmarriage.htm
I've taken that train - it's an interesting time machine. But I think it's mostly the aging parents out in the fields - the kids are living in Dongguan and working in nearby factories...enjoying, perhaps, a marginally higher standard of living.
Actually, the way it's developing, it seems like in ten years it's going to be wall-to-wall high-rise condos from Guangzhou to Shenzhen.
If I am not mistaken, the vast majority of Chinese still live pretty much the way they did a hundred years ago. The population that live in the big cities along the coast comprise only about 20-30% of the entire Chinese population, with the majority living inland and in rather poor conditions.
Wouldn’t a REAL commie take all that wealth and divide it evenly among the population? Darned fake commies!
Xi made himself equal to Mao and we know what a disaster Mao was
My first visit to Guangzhou (which was called "Canton" back then) was in '80 or '81 (can't recall exactly).One of the things that struck me back then was that during "rush hour" the wide bulevard we saw featured a number of buses,a few army trucks,a few Soviet style limos and about 500,000 bicycles.With God as my judge!
My most recent visit was a couple of years ago.Bumper to bumper Toyotas,Kias and....Buicks! I saw more Buicks there in one day than I see in a month here!
Although it didn't occur to me at the time you may very well be correct to say that the people in the fields are older folks...I didn't pay close enough attention to notice age.
It’s mind-blowing how China transformed so quickly.
No it's not.Think Tienanmen Square.
The daughter of the late Venezuelan dictator, Hugo Chavez, is reportedly worth almost $1Billion.
Apparently, crime and Socialism DO pay.
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