2 ms·
Cite? * There are different levels of "humungous." In Soviet-style countries, party members were "rich" in the sense of having a few times the resources of a t
by woofie11 5y ago
Cite?
* There are different levels of "humungous." In Soviet-style countries, party members were "rich" in the sense of having a few times the resources of a typical citizen (e.g. 5x). In the US, the rich might have $100B, while the poor might have $20k in assets (non-liquid -- counting things like a car and a TV). That's 5,000,000x times richer.
* There are a few directions of causality. The CCP might be corrupt, leading to leaders becoming rich. The CCP might be recruiting rich people. People becoming rich might have joined the CCP since it makes live easier. Etc.
I'm not disputing your facts, but I would like to understand them better. There's a lot of nuance there.