Comment on Why does China have so many multi billionaires if they are aiming to be a communist country?

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Objection@lemmy.ml ⁨1⁩ ⁨week⁩ ago

The people of Taiwan, despite sharing a common cultural and ethnic history as mainland China, enjoy a substantially higher standard of living than their mainland peers.

This is a ridiculous comparison. Taiwan received substantial foreign aid from the US because of it’s strategic value against the mainland, while the PRC was subject to a massive economic embargo.

Yes, they’ve raised hundreds of millions out of poverty, but that’s been the case throughout East Asia. The whole region saw its standard of living dramatically rise as it industrialized. And the capitalist countries have enjoyed far greater economic success than the communist ones.

Sorry, which countries are we talking about again? There’s not that many countries in East Asia. Taiwan, South Korea, and Japan all benefited from foreign investment and trade, and again, with much smaller populations.

If you’re going to argue that the embargo on China was an inevitable result of its communist policies, well, that’s a big part of why they did the reforms in the 80’s.

The absolute number of people is a red herring. Obviously big countries have more people.

That… what? I don’t follow what you’re saying here at all.

It’s much easier for a small country to modernize in a short period of time, especially with outside help. It’s very difficult to reach all the people in all the rural areas of China, it means more infrastructure has to be built, more people have to be educated, etc.

I’m hoping you’re not one of those .ml folks that acts like a Republican and calls every source they don’t like “Fake News.” But in case you are, can you provide your own sources?

My source is the extremely biased, far-left communist newsletter known as The World Bank.

I would be curious on your thoughts of the per-capita incomes of China vs the capitalist East Asian countries. Can you show that China has performed better than them on a per-capita basis?

I don’t agree that per-capita is the relevent statistic for the above reasons.

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