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Primarily due to a lack of economic freedom. If a billionaire in the west (or even just an ordinary wealthy or high income person) doesn’t like how oppressive t
by AmericanChopper 3y ago
Primarily due to a lack of economic freedom. If a billionaire in the west (or even just an ordinary wealthy or high income person) doesn’t like how oppressive their government is, they can just take their wealth and productivity to a place they’re more happy with. A wealthy Chinese person has far less property rights over their wealth, they’re absolutely not free to remove it from the country, and their continued access to it relies on continued approval from the CCP.
- FredPret 3y agoTotally. Did Jack Ma really have that wealth to begin with? Money isn't yours if you can't spend or move it.