this post was submitted on 14 Dec 2024
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https://en.m.wikipedia.org/wiki/List_of_countries_by_number_of_billionaires
You will note that china has 406 billionaires.
So way fewer billionaires per capita with a way smaller fortune than the ones in the US, despite having a bigger economy? Oh no, this is a disaster.
Also https://redsails.org/china-has-billionaires/
Oh ok, i guess its ok for billionaires to exist as long as they simp for your dictator of choice.
Sure. Read my comment going over why that is, and why that doesn't mean China suddenly isn't Socialist.