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> China is equally as capitalistic and has more wealth inequality than the US. Just wanted to point out that this statement isn't true, on number of counts. Fi
by whakim 5y ago
> China is equally as capitalistic and has more wealth inequality than the US.
Just wanted to point out that this statement isn't true, on number of counts. First, the value of the assets of the state in China is significantly higher than most Western countries, and the Chinese government plays a very strong role in the economy across a number of sectors. Secondly, while it's very difficult to gather estate data in China, most estimates (using the bad data we do have) suggest wealth inequality is higher in the United States.