1) they can take it or the "owner" any time they want
2) they know by observing us that they can seize more from a larger output than a larger share of a smaller output
The Chinese leaders have sold themselves further into corruption. They want a bigger economic pie so they can skim more for their personal benefit. Twas ever thus when the form of government is totalitarian/authoritarian.
When the welfare roles are empty I'll know our labor markets are tight. When 40+ yo folk are fully employed, I'll agree with you. I see a lot of underemployed highly-skilled people who cannot get better employment BECAUSE employers are looking for those $10 an hour or less workers. It's why they go outsource the work and whine in Congress for more H1B visas. Used to be, if an employer needed a skill that no one in the company had, and the employer couldn't find it to hire, they would pick a good employee and send them for training. And now ? Work goes overseas or to the low-rent illegal folks. Ask any 40-something engineer or programmer - age discrimination is alive and well in the US.
Oh please. The Chinese Maoists only allow "private property" because:Totalitarian yes, communist no.1) they can take it or the "owner" any time they want
2) they know by observing us that they can seize more from a larger output than a larger share of a smaller output
The Chinese leaders have sold themselves further into corruption. They want a bigger economic pie so they can skim more for their personal benefit. Twas ever thus when the form of government is totalitarian/authoritarian.
Authoritarian yes, communist no.
Fascist yes, communist no.
Corrupt yes, communist no.
As Rush is fond of saying, words have meaning.
If the standard definition of communism--forceful abolition of private property--is tossed aside, then any government can be called communist in economic matters.