Posted on 08/10/2023 8:23:52 AM PDT by SeekAndFind
You’re showing your ignorance. Not only do Chinese have private property and oodles of millionaires and billionaires, they’re ostentatious about it.
The street in the main cities are filled with, Mercedes, BMWs, Porsches and now even Teslas.
I highly recommend you take a trip there, it’ll do wonders for your preconceived and notions.
And if you say the government can take it away, the same is true here.
And I have been there so you might want to check your assumptions.
Everything is leased, not owned.
That is an important distinction that you probably do not know about because you calmly swallowed the propaganda fed to you by the Chi-Coms and their stooges.
“Everything is leased, not owned.”
More ignorance.
If some choose to lease their car it’s up to them, like so many do here.
Hundreds of millions own cars in China. And the amount of ownership over 10 years has skyrocketed.
https://www.statista.com/statistics/278475/privately-owned-vehicles-in-china/
You really need to reprogram your brain regarding China. You’re stuck in the 1950s. And definitely stop calling them Chicoms.
They’re anything but communists. In many ways we’re closer to that than they are.
Being willful ignorant is not a good way to go through life. So for your own sake, educate yourself.
I’m here to help.
Socialism is the evil step-mother of the evil, totalitarian twins: marxism and fascism.
There are two types of economic systems: barter and capitalism.
Barter is easily understood as “like for like”.
Capitalism is where things get interesting. There are two branches of capitalism: free enterprise, and statist corporatism. Free enterprise is what it claims to be: the exercise of production and mercantilism in freedom by all parties. It is closest to what the U.S. enjoyed for a couple of centuries. Statist corporatism is when enterprise colludes with nation-states to extinguish competition and enforce a non-competitive environment. Statist-corporatism is that employed by, say, Apple or Tesla in China. Both marxism and fascism are statist corporatism.
That’s my story, and I’m sticking to it.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.