Comments by "F Liu" (@F_Liu) on "Richard Wolff on the Chinese form of Socialism" video.

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  2.  @Dhumm81  The richest few ''capitalist parasites'' (Western concept) have no means to influence or even manipulate any socio-politico-economical policies making of the contemporary China unlike the West. The ''ruling class'' (another Western concept) mission in China is to create a long term favourable economical policies for all types of business entities include private enterprises, so everyone in China would benefit from the wealth created. It is the Chinese government's goal to make sure all are benefitted from the economical development and China has achieved great deal of this, one example is the extremely low cost public transportation systems includes buses, subways, highways and high speed rail, they are all state owned and heavily subsidised, the roads, railways and modern telecommunication infrastructure projects built in the last 30 years benefit most of people from deprived area of China. The fact is everyone from peasants to factory workers to ordinary government employees to high ranking officials of the ''ruling party'', all of which benefited from this economical model which is part socialism part capitalism if you really want to label China with, the wages of an ordinary worker in both state and private sectors has increased 30, 40 folds in the past 40 years in China, whereas in the West the wage of an average government worker largely remained static in the past 20 years, but in private sectors such as finance and banking the wages continue to increase exponentially, the cost of public transportations and public services continue to increase exponentially too. So China IS a socialist country with the Chinese characteristic, the West like to call it capitalism, but China's end goal is not to chase profit but achieve social equality for the majority of its people which it has done.
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