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RE: LeoThread 2025-08-01 19:49

in LeoFinance2 months ago

Part 13/17:

Another common claim is that China’s success is because “capital is the ruling force,” with the government acting entirely as a facilitator for capitalists. Critics sometimes say this highlights the corrupting influence of capitalism in the West.

However, this view oversimplifies the situation. Both the US and China have “nonproductive” classes that extract wealth without producing goods—governments that tax and spend, or elite families with political connections.