3 ms·
> Not even the Party claims that China is capitalistic. They claim that the market plays the "decisive role" in setting prices. > You cannot succeed or do any
by DiogenesKynikos 1y ago
> Not even the Party claims that China is capitalistic.
They claim that the market plays the "decisive role" in setting prices.
> You cannot succeed or do any sort of business in China unless you have the blessings of the Party. Whether your are an unimportant shop owner or Jack Fucking Ma.
This is an exaggeration. They don't care what an unimportant shop owner does. They do care what the leader of a massive tech / financial firm does, and they really don't like it if he does things they think are dangerous for the stability of the financial system while publicly criticizing the financial regulators.