Julan Du and Chenggang Xu analyzed the Chinese model in a 2005 paper to assess whether it represents a type of market socialism or capitalism. They concluded that China’s contemporary economic system represents a form of capitalism rather than market socialism because: (1) financial markets exist which permit private share ownership—a feature absent in the economic literature on market socialism; and (2) state profits are retained by enterprises rather than being distributed among the population in a social dividend or similar scheme, which are central features in most models of market socialism. Du and Xu concluded that China is not a market socialist economy, but an unstable form of capitalism.[18]

That’s from a Wikipedia. I’m not going to pretend to have a strong grasp on it but it’s state owned enterprises that function, essentially, as private (separate from government). That combined with production for profit > production for use makes it way more in the capitalist spectrum compared to Marxists ideology. Especially considering their human rights record.

Communism doesn’t automatically mean authoritianism. And you think China isn’t capitalist? Enlighten yourself bozo.

“I have a feeling you dont know how musk or most of these billionaires have so much money. When he purchased twitter, he sold Tesla stock to get the required funds.”

Musk used money his father made from apartheid era south Africa to go to Canada so he can dodge mandatory military service. Then he started a company that was half of a good idea. He merged companies with another conservative ghoul named Peter Theil to form paypal and sold it. Then he invested in a bunch of green energy start ups to take advantage of Obama era policies to jump start the industry AKA welfare for the rich.

“He paid $11 billion in taxes on the sold shares. He is just playing the game with the rules he is given. But yeah, you are coming off as a hater.”

Musk paid a 25% tax rate on on 44 billion dollars… boo fucking hoo. You billionaire apologist dipshits are the most pathetic fucking dumb fucks I can imagine. Wipe Elons cum off your fucking chin and think of something more substantive than “people being haters” goofy bitch ass mother fucker.

Pointlessly hateful? LMAO.

My point is about the consolidation of wealth and the ultra rich hoarding that much wealth/power is bad for society.

I think Musk should have to had to pay so much in taxes he should worth, only, 50 billion dollars. If you call that “hate” you should learn about what hate actually is. Clown.

This is a really lame perspective you have. If Musk was a country he’d be the 50th wealthiest country in the world.

Wanting to see someone with that much power lose as much as of that power as possible is socially responsible imo. Trying to minimize the opinion of people who are pissed at him using his power to signal boost hate speech as “just because they don’t like him” is a really fucking empty headed dumb fuck analysis.