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President Xi Jin Ping Calls For “Redistribution Of Wealth” To Help “Expand The Middle Class” in China
ZUBU Brothers: Market Knowledge Services ^ | 08/18/2021 | Tyler Durden

Posted on 08/18/2021 7:30:02 PM PDT by SeekAndFind

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To: Trumpet 1

“ So then, does that mean that Freepers are Republicans and as such are in favor of slave labor.?”

And some people say there is no such thing as a stupid question.

Tell you what, read your tag line and then read the Constitution. You obviously haven’t.


21 posted on 08/18/2021 9:29:35 PM PDT by jdsteel ("A Republic, Madam, if you can keep it." Sorry Ben, looks like we blew it.)
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To: Greetings_Puny_Humans

“ Looting the rich in China will not in any way improve their lives. On the contrary, it’ll probably result in massive amounts of lost jobs.”

You get it.


22 posted on 08/18/2021 9:30:32 PM PDT by jdsteel ("A Republic, Madam, if you can keep it." Sorry Ben, looks like we blew it.)
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To: dfwgator

Beat me to it.


23 posted on 08/18/2021 9:31:26 PM PDT by mykroar (God speed, President Trump)
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To: SeekAndFind
What a fool.   You cannot create a middle class through redistribution or wealth.

It takes a free market to create a middle class.

24 posted on 08/18/2021 10:14:44 PM PDT by higgmeister ( In the Shadow of The Big Chicken )
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To: SeekAndFind

History has consistently proven that the redistribution of wealth simply inflates away its value. The only way wealth is actually created is when the cost of labor is LESS than the value of that which is produced. The cost of labor is ALWAYS determined by supply and demand. Any other way, also inflates away its value. This is All in simply reality.


25 posted on 08/19/2021 5:06:16 AM PDT by norwaypinesavage (Capitalism is what happens when you leave people alone.)
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To: crusty old prospector

What about the lower class?


That being the 600- 700 rural Chinese who live in poverty? They are going to be excluded like they are for everything else - money will go to the Party’s Princes and Princesses, with a drab going to the other City-born.


26 posted on 08/19/2021 5:17:35 AM PDT by PIF (They came for me and mine ... now its your turn)
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To: SeekAndFind

This is also a policy to stop the rise of wealthy executives since only the Party can have that sort of wealth ; it will also stem the further tide of innovation and invention - now at an all time low. When Xi says middle class he means Party members that are not so well connected as the wealthier upper class of party members. There is no real correspondence between the Western idea of ‘middle class’ and the Communist one under Xi.

This all follows the CCP dictum : no one can have more power, influence, wealth, inspiration than the CCP and is an insurance policy against further encroachments.


27 posted on 08/19/2021 5:24:02 AM PDT by PIF (They came for me and mine ... now its your turn)
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To: PIF

Poetic justice for the useful CCP idiots that carried out the cultural Revolution on their fellow chinese.

Did they really think their turn to be robbed for the common good wouldn’t come ?.


28 posted on 08/19/2021 6:52:49 AM PDT by cuz1961 (USCGR Veteran )
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To: cuz1961

Poetic justice for the useful CCP idiots that carried out the cultural Revolution on their fellow chinese.

Did they really think their turn to be robbed for the common good wouldn’t come ?

You misconstrued what I was saying - the CCP Revolutionaries are for the most part dead of old age, those that remain are at the top of the CCP power structure. They constitute the the leadership in the PLA, Central Committee, and Xi’s inner circle.

Wealth, power, inspiration, influence, etc flows TO them from the wealthy CEOs and others who, having accumulated those things, threaten the CCP - a fragile & paranoid bunch. They aren’t getting robbed, but enriched.

Ordinary people get nothing, or even less. Once again the CCP is creating a problem where none existed, making everything worse for everyone else.


29 posted on 08/19/2021 7:04:31 AM PDT by PIF (They came for me and mine ... now its your turn)
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To: PIF

I stand corrected.

Thank you sir.


30 posted on 08/19/2021 7:20:47 AM PDT by cuz1961 (USCGR Veteran )
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