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Why does China have so many multi billionaires if they are aiming to be a communist country?
(lemmy.world)
this post was submitted on 09 Aug 2026
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No they aren't. Try actually reading about how their economy works. The whole thing is a scam to keep their form of state capitalism.
The people who wanted to make China communist, as in people having collective ownership over the economy, were thrown out of power by the Dengists who ostensibly believed that they needed to use capitalism to build towards socialism. Except they've never done anything to actually implement socialism. In China everyone is still a wage cuck just like everywhere else.
Have you considered, although everyone is still a wage cuck, the government is popular and therefore "proletarian socialist"? (/s)