Author: UYA

Billionaire: "Capitalism needs reform" [Copy link] 中文

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Post time 2019-5-8 09:18:18 |Display all floors
Boston101 Post time: 2019-5-8 06:40
China's economy is capitalistic. So you tell me. Is this why China cheats at fair trade? Doesn't C ...

To set facts straight....
I'm an American.
So you are in error to assume I'm a Chinese national.

And YES!
capitalism has brought China out of poverty, into prosperity.
BUT...…
there are limits capitalism has in the China political system.
Communist rule keeps the "greed" in check and prevents that from dictating wholesale policy.
Capitalism "rules" over the political system in the US.
That is the difference between the two.

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Post time 2019-5-8 16:58:45 |Display all floors
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Post time 2019-5-8 17:47:11 |Display all floors
UYA Post time: 2019-5-8 09:18
To set facts straight....
I'm an American.
So you are in error to assume I'm a Chinese national.

So you are an American, are you naturalized?

Capitalism shaped the world it is today. A good example is how the countries/territories were split after WWII.

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Post time 2019-5-9 01:21:52 |Display all floors
Boston101 Post time: 2019-5-8 06:40
China's economy is capitalistic. So you tell me. Is this why China cheats at fair trade? Doesn't C ...

What's not fair?
Americans wants cheep goods.
So China makes them.
Sounds like a proper deal.

America is crying because it imports more than it exports.
Who's fault is that?
What does America export anyway?
Gun's and war.

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Post time 2019-5-9 02:03:08 |Display all floors
UYA Post time: 2019-5-9 01:21
What's not fair?
Americans wants cheep goods.
So China makes them.

We're not talking about China cranking out widgets. Those days are long gone. China is trying to move up the tech ladder. And they'll do it anyway they can. That includes stealing someone's IP. Here companies spent millions and billions developing their IP and then China just copies it. Where China has spent no money developing it, of course they can sell it cheaper.

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Post time 2019-5-9 10:14:57 |Display all floors
WBD60 Post time: 2019-5-8 16:58
China's advantage is the CPC which keeps capitalist greed in check, while America has none.
give m ...

What is it you disagree with?

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Post time 2019-5-9 10:19:07 |Display all floors
Boston101 Post time: 2019-5-8 17:47
So you are an American, are you naturalized?

Capitalism shaped the world it is today. A good exam ...

Born and raised American....
Capitalism shaped the world it is today

I agree that it has shaped the world today....
but for better or worse?
Poverty is still about the same as it was back in WWII
More wealth goes to the top 10% than the rest.
Is that a "good" thing?

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