3 ms·
> 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 co
by 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.