Comment on Why does China have so many multi billionaires if they are aiming to be a communist country?
boonhet@sopuli.xyz 3 days agoWe have working healthcare in most of the west, with fewer billionaires. I’d in fact say much of the west has even better healthcare than China.
The US doesn’t, but then both the US and China are ultracapitalist nightmares.
plyth@feddit.org 3 days ago
Compare China to other countries that were poor in the 1970ies and China becomes impressive.
The USSR tried without billionaires and they are gone.
Europe has good healthcare because we had to look good compared to eastern Europe. We are cutting costs and in 10 years we likely will be much closer to the US system.
boonhet@sopuli.xyz 3 days ago
And China will also have to cut costs when having an aging society really hits them. Rampant capitalism won’t save them there.
plyth@feddit.org 2 days ago
That’s why they have an advantage over the west. They can put a limit to the Capitalism.