One more bailout bro
One more bailout bro
I don’t support authoritarianism, regardless of how close to communism it is. But at least China invests in its people.
I really wish they didn’t do mass surveillance and have political prisoners. And all that other bad stuff. Being a homosexual is illegal and not socially acceptable (per a lesbian from China I was in grad school with who told me this).
But you gott a give China credit for investing in their people.
The thing is, China is still capitalist.
It’s just regulated a bit better and the government officials are more educated and see that innovation and investment will make them more wealthy in the long run.
I guess their system is a bit of a hybrid. Capitalism and socialism.
But it’s not full communism no matter what they say. The workers don’t own the companies.
China invests in its people
Like a slave owner invests into his slaves. Chinese people don’t even have the right to relocate within their own country. This sort of investment is not what anyone should want.
Chinese people don’t even have the right to relocate within their own country
Technically, they sort of do. Sometime after Deng Xiaoping’s reforms, they eventually relaxed the restrictions on movements. My parents are from villages in Taishan, they moved to Guangzhou, have a small apartment unit in some slum neighborhood, but even though I was born in Guangzhou, I didn’t get Guangzhou Hukou. Therefore, denied access to Guangzhou public schools. The school I went to was privately-run for migrant children, its worse than public schools.