this post was submitted on 30 Aug 2024
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And also a small group of people monopolize power and wealth to oppress those who didn't
...You're describing capitalism.
Hmm?
Poverty rates are steadily decreasing in China...
...under every income group.
While homeownership rates have been steadily rising, reaching 90% in 2018
Those are some bold claims to make with nothing to back it up, when in fact reality says otherwise.
A market economy under a socialist state, similar to what the USSR had under the NEP for its first 20 years.