A Chinese programmer died in hospital after fainting while working at home late last year.Gao Guanghui (transliterated), 32, allegedly died of cardiac arrest, leading his family to believe that he died from overwork.According to Chinese media, he was promoted to department manager recently and had consistently been working long hours prior to his death.In addition to programming tasks, he was...
China produced more billionaires than the US this year. The only way they accomplished this is to allow unfettered capitalism which is very evident. There is no going back and the billionaires will be calling the shots before to long. They are just another fascist nation at this point and the fourth/fifth largest producer of weapons to boot.
The difference between Chinese billionaires and American billionaires is that the Chinese ones are owned by the government. To set up any company in China requires part government ownership of, I think, 15%.
There is no way the billionaires are calling the shots, ever, while Xi is in power. As if he would allow what’s happening in America, happen in China.
Remember what happened to the CEO of Alibaba? Jack Ma? When he became rich enough to potentially take over the country?
Lol sure, they won’t be calling the shots. I think you forget how capitalism works.
What happens when there are a thousand billionaires? The government is not going to round them all up. Naw, they are going to call the shots.
Already corporations keep getting more and more regulations and laws written at their request. It is already happening and will continue to accelerate.
Welcome to the fascist world.
Much like Putin and the Russian oligarchy, who they either play with him or be shown the window.