InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,399.22
(
-0.51%
)
US TECH 100
18,362.80
(
-0.93%
)
Dow Jones
39,935.07
(
0.20%
)
Brent Oil
81.55
(
0.01%
)
Bitcoin
67,015.90
(
1.87%
)
Post# of 222469
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

shajandr

Send PM Follow Ignore
Followers 177
Posts 35551
Boards Moderated 19
Alias Born 04/17/2013

shajandr

Re: Arthur post# 100864

Friday, 12/18/2015 8:05:59 PM

Friday, December 18, 2015 8:05:59 PM

Post# of 222469
The PRC post-Deng is nott communist except in name only. There are (or will soon be) as many or more Chinese billionaires than US billionaires.

Go to China - you will see that in many aspects they are far more capitalistic than the USA is today.

They are simply using the term 'communism' as a thin veil for a one-party totalitarian state and state-sponsored crony capitalism with a lott of low-scale laissez faire "unbridled" capitalism, 'regulated' only by bribes and kickbacks to government officials as needed.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up