Nobody here is saying billionaires are necessary to exist. They are a product of specific historic and material conditions China found itself in. They chose to accept the problems opening up would bring because they judged that economic relations with the west would outweigh the downsides. It’s impossible to look at how China managed to develop today and argue that it was a wrong decision. Opening up allowed China to rapidly catch up technologically with the west, and to develop peacefully instead of having to devote huge amounts of resources to the military the way USSR was forced to do.
I was discussing with the other person and I got the impression that billionaires would be necessary to the current Chinese strategy. I’m not entirely sure though if that was their thinking, I hope they’ll clarify.
I was, our viewpoints happen to be compatible. I’m not sure why it matters to you so much who provides you with the explanation. Are you just here to argue for the sake of arguing, that’s the reason you’re still refusing to engage with what I said?
I wasn’t asking you a question, I was providing an explanation of why China having billionaires is not at odds with China being socialist which seemed to be the argument you were making in this thread.
Nobody here is saying billionaires are necessary to exist. They are a product of specific historic and material conditions China found itself in. They chose to accept the problems opening up would bring because they judged that economic relations with the west would outweigh the downsides. It’s impossible to look at how China managed to develop today and argue that it was a wrong decision. Opening up allowed China to rapidly catch up technologically with the west, and to develop peacefully instead of having to devote huge amounts of resources to the military the way USSR was forced to do.
I was discussing with the other person and I got the impression that billionaires would be necessary to the current Chinese strategy. I’m not entirely sure though if that was their thinking, I hope they’ll clarify.
I mean I just explained that above, and provided you with a longer explanation in a link in the previous comment. You could try engaging with that.
I thought you were explaining your viewpoint, not theirs
I was, our viewpoints happen to be compatible. I’m not sure why it matters to you so much who provides you with the explanation. Are you just here to argue for the sake of arguing, that’s the reason you’re still refusing to engage with what I said?
It seemed like you had different positions. It’s hard to follow the discussion on my phone. Can you ask the thing you wanted me to answer again?
I wasn’t asking you a question, I was providing an explanation of why China having billionaires is not at odds with China being socialist which seemed to be the argument you were making in this thread.
But I did engage with that. I said many probably don’t know the reasoning for having billionaires, hence they would be disappointed.
Then this discussion will be valuable to those people since it provides an explanation for that exact question.