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How can Jack Ma belong to the Chinese communist party, and also own a huge company? Does communism not mean what it used to mean any more?
by kgilpin 6y ago
How can Jack Ma belong to the Chinese communist party, and also own a huge company? Does communism not mean what it used to mean any more?
- nsriv 6y agoThe Chinese Communist Party has been transitioning to the idea of state capitalism for decades now.
- baybal2 6y agoNot since the three represents.
- redis_mlc 6y ago> How can Jack Ma belong to the Chinese communist party, and also own a huge company? Does communism not mean what it used to mean any more? - to own a huge company in China, you would have to be a member of the CCP. Otherwise it would be stripped from you and you would be jailed. - as of 2019, companies over 50 employees have a CCP cell in their office. The CCP is now going after even smaller companies in 2020. - communism is totalitarianism. That means the society is strictly controlled top-down, from Dragon Families/Xi to the lowest peasant. The families pillage China on a national scale (Three Gorges power generation revenue, etc.), while the CCP has ultimate control of literally everything else. - China has had tremendous growth, funded by the West, but aggressively-managed by local officials with KPIs, etc. - the CCP is modelled on the Soviet Union, but on steroids - It's reported that the top 100 CCP officials have personal wealth of around $2 billion each.